AMENDMENT TO THIRD LIEN PLEDGE AGREEMENT

EXECUTION VERSION

AMENDMENT TO THIRD LIEN PLEDGE AGREEMENT

THIS AMENDMENT, dated as of October 20, 2009 (the “Amendment”) to the Third Lien Pledge Agreement (as defined below) is entered into by and among X. XXXXXXXXX ENTERPRISES, INC. (the “Company”), HOVNANIAN ENTERPRISES, INC. (“Hovnanian”), each of the entities listed on Schedule 1 hereto (each a “Pledgor”) and WILMINGTON TRUST COMPANY (as “Collateral Agent”).

WHEREAS, the Company, Hovnanian, each other Pledgor and the Collateral Agent are parties to the Third Lien Pledge Agreement dated as of December 3, 2008 (the “Third Lien Pledge Agreement”);

WHEREAS, the Company, Hovnanian and each of the other Guarantors (as defined therein) are parties to the Indenture, dated as of December 3, 2008 (as amended, supplemented and restated or otherwise modified from time to time, the “Junior Note Indenture”) with Wilmington Trust Company as trustee, pursuant to which the Company issued its 18.0% Senior Secured Notes due 2017;

WHEREAS, the Company, Hovnanian, each other Grantor (as defined therein) and the Collateral Agent are parties to the Third Lien Security Agreement dated as of December 3, 2008;

WHEREAS, the Company, in connection with the replacement and refinancing of the Seventh Amended and Restated Credit Agreement, dated as of March 7, 2008 (as subsequently amended, the “Credit Agreement”) has issued 10 5/8% Senior Secured Notes due 2016 under the Indenture dated as of October 20, 2009 (as amended, supplemented, amended and restated or otherwise modified from time to time, the “First Lien Indenture”);

WHEREAS, in connection with the First Lien Indenture, the Company, Hovnanian, each of the Grantors party thereto and Wilmington Trust Company, as Collateral Agent, have entered into the First Lien Pledge Agreement (the “First Lien Pledge Agreement”), dated as of October 20, 2009;

WHEREAS, in connection with the First Lien Indenture, the Company, Hovnanian, each of the Guarantors party thereto, Wilmington Trust Company, in its capacity as trustee under the First Lien Indenture, and the other parties thereto, have entered into the First Amendment, dated as of October 20, 2009, to the Intercreditor Agreement, dated as of December 3, 2008, to, among other things, amend the definition of Credit Agreement to refer to the First Lien Indenture and amend the definition of First Lien Indebtedness, in each case as set forth therein;

WHEREAS, pursuant to Section 9.01(c) of the Junior Note Indenture, the Company, Hovnanian, each other Grantor and the Collateral Agent may enter into amendments to the Security Documents (as defined in the Secured Note Indenture) without notice to or the consent of any holder of 18.0% Senior Secured Notes due 2017 to cure any ambiguity, defect or inconsistency in the Security Documents;

WHEREAS, all other acts and proceedings required by law, by the Junior Note Indenture and by the charter documents of the Company, Hovnanian and the other Pledgors to make this Amendment a valid and binding agreement for the purposes expressed herein, in accordance with its terms, have been duly done and performed;

NOW THEREFORE, in consideration of the premises and the covenants and agreements contained herein, and for other good and valuable consideration the receipt of which is hereby acknowledged, the Company, Hovnanian, each Pledgor and the Collateral Agent hereby agree as follows:

SECTION 1. Definitions.

Any capitalized term used (including those in the recitals), but not otherwise defined, herein shall have the meaning ascribed to it in the Third Lien Pledge Agreement.

SECTION 2. Modifications to the Third Lien Pledge Agreement.

(a) The following definitions are hereby added to Section 1 in the appropriate alphabetical location:

““Administrative Agent”: the “Collateral Agent” under the First Lien Pledge Agreement.”

““First Lien Pledge Agreement”: the First Lien Pledge Agreement entered into by the Issuer, Hovnanian, each of the Grantors party thereto and Wilmington Trust Company, as Collateral Agent, on October 20, 2009.”

(b) The definition of “Pledged Collateral” is hereby amended and restated in its entirety to read as follows:

““Pledged Collateral” shall mean and include the following with respect to each Company: (i) the capital stock, shares, securities, investment property, member interests, partnership interests, warrants, options, put rights, call rights, similar rights, and all other ownership or participation interests, in any Company and K. Xxxxxxxxx XX Holdings, L.L.C. owned or held by any Pledgor at any time including those in any Company hereafter formed or acquired, and (ii) all rights and privileges pertaining thereto, including without limitation, all present and future securities, shares, capital stock, investment property, dividends, distributions and other ownership interests receivable in respect of or in exchange for any of the foregoing, all present and future rights to subscribe for securities, shares, capital stock, investment property or other ownership interests incident to or arising from ownership of any of the foregoing, all present and future cash, interest, stock or other dividends or distributions paid or payable on any of the foregoing, and all present and future books and records (whether paper, electronic or any other medium) pertaining to any of the foregoing, including, without limitation, all stock record and transfer books and (iii) whatever is received when any of the foregoing is sold, exchanged, replaced or otherwise disposed of, including all proceeds, as such term is defined in the Code, thereof. Notwithstanding the foregoing, in the event that Rule 3-16 of Regulation S-X under the Securities Act requires (or is replaced with another rule or regulation, or any other law, rule or regulation is adopted, which would require) the filing with the SEC of separate financial statements of any Guarantor or K. Xxxxxxxxx XX Holdings, L.L.C. that are not otherwise required to be filed, then the capital stock or other securities of such Guarantor or K. Xxxxxxxxx XX Holdings, L.L.C. shall automatically be deemed released and not to be and not to have been part of the Pledged Collateral but only to the extent necessary to not be subject to such requirement. In such event, this Agreement may be amended or modified, without the consent of any Junior Noteholder, to the extent necessary to evidence the release of the lien created

hereby on the shares of capital stock or other securities that are so deemed to no longer constitute part of the Pledged Collateral.”

(c) Section 21 is hereby amended by inserting “and K. Xxxxxxxxx XX Holdings, L.L.C.” after “the Companies” and before “may be released”.

SECTION 3. Effectiveness.

This Amendment will become effective immediately upon its execution and delivery.

SECTION 4. Governing Law.

This Amendment shall be governed by, and construed in accordance with, the laws of the State of New York.

SECTION 5. Section Titles.

The section titles contained in this Amendment are and shall be without substantive meaning or content of any kind whatsoever and are not a part of this Agreement.

SECTION 6. Counterparts; Telecopy Signatures.

This Amendment may be signed in any number of counterparts each of which shall be an original, but all of which together shall constitute one and the same instrument; and, delivery of executed signature pages hereof by telecopy transmission, or other electronic transmission in pdf or similar format, from one party to another shall constitute effective and binding execution and delivery of this Amendment by such party.

SECTION 7. Authorization.

By its signature, each Person executing this Amendment on behalf of a party hereto represents and warrants to the other parties hereto that it is duly authorized to execute this Amendment.

[REMAINDER OF PAGE LEFT BLANK INTENTIONALLY]

IN WITNESS WHEREOF, each of the undersigned has caused this Amendment to be duly executed and delivered as of the date first above written.

X. XXXXXXXXX ENTERRISES, INC.

By: /s/XXXXX X. XXXXXXXX

Name: Xxxxx X. Xxxxxxxx

Title: Senior Vice President

HOVNANIAN ENTERPRISES, INC.

By: /s/XXXXX X. XXXXXXXX

Name: Xxxxx X. Xxxxxxxx

Title: Senior Vice President

On behalf of each of the entities listed on

Schedule 1 hereto

By: /s/XXXXX X. XXXXXXXX

Name: Xxxxx X. Xxxxxxxx

Title: Senior Vice President

[Signature Page to Third Lien Pledge Agreement Amendment]

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WILMINGTON TRUST COMPANY, as

Collateral Agent

By: /s/XXXXXXX X. XXXXX

Name: Xxxxxxx X. Xxxxx

Title: Vice President

[Signature Page to Third Lien Pledge Agreement Amendment]

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SCHEDULE 1

Auddie Enterprises, L.L.C.

Builder Services NJ, L.L.C.

Builder Services NY, L.L.C.

Builder Services PA, L.L.C.

Dulles Coppermine, L.L.C.

EASTERN TITLE AGENCY, INC.

F&W MECHANICAL SERVICES, L.L.C.

Founders Title Agency of Maryland, L.L.C.

FOUNDERS TITLE AGENCY, INC.

Governor's Abstract Co., Inc.

Homebuyers Financial Services, L.L.C.

HOVNANIAN DEVELOPMENTS OF FLORIDA, INC.

Hovnanian Enterprises, Inc. (PARENT COMPANY)

Hovnanian Land Investment Group of California, L.L.C.

HOVNANIAN LAND INVESTMENT GROUP OF FLORIDA, L.L.C.

Hovnanian Land Investment Group of Georgia, L.L.C.

Hovnanian Land Investment Group of Maryland, L.L.C.

Hovnanian Land Investment Group of New Jersey, L.L.C.

Hovnanian Land Investment Group of North Carolina, L.L.C.

Hovnanian Land Investment Group of Pennsylvania, L.L.C.

Hovnanian Land Investment Group of Texas LLC

Hovnanian Land Investment Group of Virginia, L.L.C.

Hovnanian Land Investment Group, L.L.C.

K. H. San Marcos Conservancy Holdings, L.L.C.

K. HOV INTERNATIONAL, INC.

K. HOV IP, II, Inc.

K. HOV IP, INC.

X. Xxxxxxxxx Acquisitions, Inc.

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X. Xxxxxxxxx at 4S, LLC

X. Xxxxxxxxx at Acqua Vista, LLC

X. Xxxxxxxxx at Aliso, LLC

X. Xxxxxxxxx at Allenberry, L.L.C.

K. Hovnanian at Allentown, L.L.C.

K. Hovnanian at Almond Estates, LLC

X. Xxxxxxxxx at Arbor Heights, LLC

X. XXXXXXXXX AT AVENUE ONE, L.L.C.

K. Hovnanian at Bakersfield 463, L.L.C.

K. Hovnanian at Barnegat I, L.L.C.

K. Hovnanian at Barnegat II, L.L.C.

K. Hovnanian at Bella Lago, LLC

X. Xxxxxxxxx at Berkeley, L.L.C.

K. Hovnanian at Bernards IV, Inc.

X. Xxxxxxxxx at Xxxxxxxx V, L.L.C.

K. Hovnanian at Blue Heron Pines, L.L.C.

K. Hovnanian at Bridgeport, Inc.

X. Xxxxxxxxx at Bridgewater I, L.L.C.

K. Hovnanian at Bridgewater VI, Inc.

X. Xxxxxxxxx at Broad and Walnut, L.L.C.

K. Hovnanian at Calabria, Inc.

X. Xxxxxxxxx at Camden I, L.L.C.

K. Hovnanian at Xxxxxxx Xxxxx, Inc.

X. XXXXXXXXX AT CAMP HILL, L.L.C.

K. HOVNANIAN AT CAPISTRANO, L.L.C.

K. Hovnanian at Carmel Del Mar, Inc.

X. Xxxxxxxxx at Carmel Village, LLC

X. Xxxxxxxxx at Castile, Inc.

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X. Xxxxxxxxx at Cedar Grove III, L.L.C.

K. Hovnanian at Cedar Grove IV, L.L.C.

K. Hovnanian at Chaparral, Inc.

X. Xxxxxxxxx at Charter Way, LLC

X. Xxxxxxxxx at Xxxxxxx I, L.L.C.

K. Hovnanian at Chesterfield, L.L.C.

K. Hovnanian at Cielo, L.L.C.

K. HOVNANIAN AT CLARKSTOWN, INC.

X. Xxxxxxxxx at Xxxxxxx, L.L.C.

K. Hovnanian at Coastline, L.L.C.

K. Hovnanian at Xxxxxx Xxxx, LLC

X. Xxxxxxxxx at Cranbury, L.L.C.

K. Hovnanian at Crestline, Inc.

X. Xxxxxxxxx at Curries Xxxxx, L.L.C.

K. Hovnanian at Denville, L.L.C.

K. Hovnanian at Deptford Township, L.L.C.

K. Hovnanian at Xxxxxxxxx Hills, Inc.

X. Xxxxxxxxx at Dover, L.L.C.

K. Hovnanian at East Brandywine, L.L.C.

K. Hovnanian At East Whiteland I, Inc.

X. Xxxxxxxxx at Eastlake, LLC

X. Xxxxxxxxx at Edgewater II, L.L.C.

K. Hovnanian at Edgewater, L.L.C.

K. Hovnanian at Egg Harbor Township II, L.L.C.

K. Hovnanian at Egg Harbor Township, L.L.C.

K. Hovnanian at El Dorado Ranch II, L.L.C.

K. Hovnanian at El Dorado Ranch, L.L.C.

K. Hovnanian at Elk Township, L.L.C.

K. Hovnanian at Encinitas Ranch, LLC

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X. Xxxxxxxxx at Evergreen, L.L.C.

K. Hovnanian at Xxxxx, L.L.C.

K. Hovnanian at Xxxxxxxxx Ranch, LLC

X. Xxxxxxxxx at Fifth Avenue, L.L.C.

K. Hovnanian at Xxxxxxxx I, L.L.C.

K. Hovnanian at Xxxxxxxx XX, L.L.C.

K. Hovnanian at Forest Xxxxxxx, L.L.C.

K. HOVNANIAN AT FORKS TWP. I, L.L.C.

K. Hovnanian at Franklin, L.L.C.

K. Hovnanian at Freehold Township I, Inc.

X. Xxxxxxxxx at Freehold Township, L.L.C.

K. Hovnanian at Fresno, LLC

X. Xxxxxxxxx at Xxxxxxxx, L.L.C.

K. HOVNANIAN AT GASLAMP SQUARE, L.L.C.

K. Hovnanian at Great Notch, L.L.C.

K. Hovnanian at Xxxxxxx, LLC

X. Xxxxxxxxx at Xxxxxxxxxx, L.L.C.

K. Hovnanian at Hackettstown II, L.L.C.

K. Hovnanian at Hackettstown, Inc.

X. Xxxxxxxxx at Hamburg Contractors, L.L.C.

K. Hovnanian at Hamburg, L.L.C.

K. Hovnanian at Hawthorne, L.L.C.

K. Hovnanian at Hazlet, L.L.C.

K. Hovnanian at Hershey's Mill, Inc.

X. XXXXXXXXX AT HIGHLAND SHORES, L.L.C.

K. Hovnanian at Highland Vineyards, Inc.

X. Xxxxxxxxx at Hilltop, L.L.C.

K. HOVNANIAN AT XXXXXX POINTE, L.L.C.

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X. Xxxxxxxxx at Xxxxxxx I, L.L.C.

K. Hovnanian at Xxxxxxx, L.L.C.

K. Hovnanian at Xxxxxx Ranch, LLC

X. Xxxxxxxxx at Jersey City IV, L.L.C.

K. Hovnanian at Jersey City V Urban Renewal Company, L.L.C.

K. Hovnanian at Keyport, L.L.C.

K. Hovnanian at King Farm, L.L.C.

K. Hovnanian at La Costa Greens, L.L.C.

K. Hovnanian at La Costa, LLC

X. Xxxxxxxxx at La Habra Knolls, LLC

X. Xxxxxxxxx at La Laguna, L.L.C.

K. Hovnanian at La Terraza, Inc.

X. Xxxxxxxxx At Lafayette Estates, L.L.C.

K. Hovnanian at Lake Rancho Viejo, LLC

X. Xxxxxxxxx at Lake Ridge Crossing, L.L.C.

K. Hovnanian at Lake Terrapin, L.L.C.

K. Hovnanian at Lakewood, Inc.

X. Xxxxxxxxx at Landmark, LLC

X. Xxxxxxxxx at Larkspur, LLC

X. Xxxxxxxxx at Xxxxxxxx V, L.L.C.

K. Hovnanian at Xxx Square, L.L.C.

K. Hovnanian at Xxxxxxx, L.L.C.

K. Hovnanian at Little Egg Harbor Contractors, L.L.C.

K. Hovnanian at Little Egg Harbor III, L.L.C.

K. Hovnanian at Little Egg Harbor Township II, L.L.C.

K. Hovnanian at Little Egg Harbor, L.L.C

X. Xxxxxxxxx at Live Oak II, LLC

X. Xxxxxxxxx at Long Branch I, L.L.C.

K. Hovnanian at Lower Macungie Township I, L.L.C.

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X. Xxxxxxxxx at Lower Macungie Township II, L.L.C.

K. Hovnanian at Lower Makefield Township I, L.L.C.

K. Hovnanian at Lower Xxxxxxxx I, L.L.C.

K. Hovnanian at Lower Moreland II, L.L.C.

K. Hovnanian at Lower Xxxxxxxx III, L.L.C.

K. Hovnanian at Macungie, L.L.C.

K. Hovnanian at Mahwah VI, Inc.

X. Xxxxxxxxx at Xxxxx Park, L.L.C.

K. Hovnanian at Manalapan III, L.L.C.

K. Hovnanian at Manalapan, Inc.

X. Xxxxxxxxx at Mansfield I, L.L.C.

K. Hovnanian at Mansfield II, L.L.C.

K. Hovnanian at Mansfield III, L.L.C.

K. Hovnanian at Maple Avenue, L.L.C.

K. Hovnanian at Marlboro Township III, Inc.

X. Xxxxxxxxx at Marlboro Township IV, Inc.

X. Xxxxxxxxx at Marlboro Township IX, L.L.C.

K. Hovnanian at Marlboro Township V, L.L.C.

K. Hovnanian at Marlboro Township VIII, L.L.C.

K. Hovnanian at Marlboro VI, L.L.C.

K. Hovnanian at Marlboro VII, L.L.C.

K. Hovnanian at Matsu, L.L.C.

K. Hovnanian at Xxxxxxx Xxxxxxx, LLC

X. Xxxxxxxxx at Mendham Township, L.L.C.

K. Hovnanian at Menifee, LLC

X. Xxxxxxxxx at Middle Township II, L.L.C.

K. Hovnanian at Middle Township, L.L.C.

K. Hovnanian at Middletown II, L.L.C.

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X. Xxxxxxxxx at Millville I, L.L.C.

K. Hovnanian at Millville II, L.L.C.

K. HOVNANIAN AT XXXXXX XX, INC.

X. Xxxxxxxxx at Xxxxxx III, L.L.C.

K. Hovnanian at Xxxxxx XX, L.L.C.

K. Hovnanian at Monroe NJ, L.L.C.

K. Hovnanian at Xxxxxxxxxx I, Inc.

X. Xxxxxxxxx at Montvale, L.L.C.

K. Hovnanian at Mosaic, LLC

X. Xxxxxxxxx at Mt. Olive Township, L.L.C.

K. Hovnanian at Muirfield, LLC

X. XXXXXXXXX AT NEW BRUNSWICK URBAN RENEWAL, L.L.C.

K. Hovnanian at New Windsor, L.L.C.

K. Hovnanian at North Bergen. L.L.C.

K. HOVNANIAN AT NORTH BRUNSWICK VI, L.L.C.

K. Hovnanian at North Xxxxxxxx II, L.L.C.

K. Hovnanian at North Xxxxxxxx III, L.L.C.

K. Hovnanian at North Xxxxxxxx, L.L.C.

K. Hovnanian at North Haledon, L.L.C.

K. Hovnanian at North Wildwood, L.L.C.

K. Hovnanian at Northampton. L.L.C.

K. HOVNANIAN AT NORTHERN WESTCHESTER, INC.

X. Xxxxxxxxx at Northfield, L.L.C.

K. Hovnanian at Northlake, Inc.

X. Xxxxxxxxx at Ocean Township, Inc

X. XXXXXXXXX AT OCEAN WALK, INC.

X. Xxxxxxxxx at Oceanport, L.L.C.

K. Hovnanian at Old Bridge, L.L.C.

K. Hovnanian at Olde Orchard, LLC

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X. Xxxxxxxxx at Pacific Bluffs, LLC

X. Xxxxxxxxx at Paramus, L.L.C.

K. Hovnanian at Park Lane, LLC

X. Xxxxxxxxx at Parkside, LLC

X. Xxxxxxxxx at Parsippany-Xxxx Hills, L.L.C.

K. Hovnanian at Perkiomen I, Inc.

X. Xxxxxxxxx at Perkiomen II, Inc.

X. Xxxxxxxxx at Philadelphia II, L.L.C.

K. Hovnanian at Philadelphia III, L.L.C.

K. Hovnanian at Philadelphia IV, L.L.C.

K. Hovnanian at Piazza D'Oro, L.L.C.

K. Hovnanian at Xxxxxx Xxxxxx, L.L.C

X. Xxxxxxxxx at Pittsgrove, L.L.C.

K. HOVNANIAN AT PORT IMPERIAL URBAN RENEWAL IV, L.L.C.

K. HOVNANIAN AT PORT IMPERIAL URBAN RENEWAL V, L.L.C.

K. HOVNANIAN AT PORT IMPERIAL URBAN RENEWAL VI, L.L.C.

K. HOVNANIAN AT PORT IMPERIAL URBAN RENEWAL VII, L.L.C.

K. HOVNANIAN AT PORT IMPERIAL URBAN RENEWAL VIII, L.L.C.

K. Hovnanian at Xxxxx, L.L.C.

K. Hovnanian at Rancho Cristianitos, Inc.

X. Xxxxxxxxx at Rancho Santa Xxxxxxxxx, LLC

X. Xxxxxxxxx at Xxxxxxxx I, L.L.C.

K. HOVNANIAN AT RAPHO, L.L.C

X. Xxxxxxxxx at Readington II, L.L.C.

K. Hovnanian at Red Bank, L.L.C.

K. Hovnanian at Reservoir Ridge, Inc.

X. Xxxxxxxxx at Ridgemont, L.L.C.

K. Hovnanian at Ridgestone, L.L.C.

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X. Xxxxxxxxx at Riverbend, LLC

X. Xxxxxxxxx at Rivercrest, LLC

X. Xxxxxxxxx at Roderuck, L.L.C.

K. HOVNANIAN AT XXXXXXXX LANTANA, L.L.C.

K. Hovnanian at Xxxxxxx Heights, LLC

X. Xxxxxxxxx at Sage, L.L.C.

K. Hovnanian at San Sevaine, Inc.

X. Xxxxxxxxx at Santa Nella, LLC

X. Xxxxxxxxx at Saratoga, Inc.

X. Xxxxxxxxx at Sawmill, Inc.

X. Xxxxxxxxx at Sayreville, L.L.C.

K. HOVNANIAN AT SCOTCH PLAINS II, INC.

X. Xxxxxxxxx at Scotch Plains, L.L.C.

K. Hovnanian at Sierra Estates, LLC

X. Xxxxxxxxx at Silver Spring, L.L.C.

K. Hovnanian at Skye Isle, LLC

X. Xxxxxxxxx at Smithville III, L.L.C.

K. Hovnanian at Smithville, Inc.

X. Xxxxxxxxx at Xxxxxx Point, L.L.C.

K. Hovnanian at South Brunswick, L.L.C.

K. Hovnanian at Sparta, L.L.C.

K. HOVNANIAN AT SPRINGCO, L.L.C.

K. Hovnanian at Stone Canyon, Inc.

X. Xxxxxxxxx at Sunsets, LLC

X. Xxxxxxxxx at Sycamore, Inc.

X. Xxxxxxxxx at Tannery Hill, Inc.

X. Xxxxxxxxx at Teaneck, L.L.C.

K. Hovnanian at The Bluff, Inc.

X. Xxxxxxxxx at The Xxxxxx, LLC

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X. Xxxxxxxxx at The Gables, LLC

X. Xxxxxxxxx at The Monarch, L.L.C.

K. Hovnanian at The Preserve, LLC

X. Xxxxxxxxx at Xxxxxxxx Ranch, LLC

X. Xxxxxxxxx at Thornbury, Inc.

X. Xxxxxxxxx at Tierrasanta, Inc.

X. Xxxxxxxxx at Trail Ridge, LLC

X. Xxxxxxxxx at Trenton, L.L.C.

K. Hovnanian at Trovata, Inc.

X. Xxxxxxxxx at Union Township I, Inc.

X. Xxxxxxxxx at Upper Freehold Township I, Inc.

X. Xxxxxxxxx at Upper Freehold Township II, L.L.C.

K. Hovnanian at Upper Freehold Township III, L.L.C.

K. Hovnanian at Upper Makefield I, Inc.

X. Xxxxxxxxx at Upper Uwchlan II, L.L.C.

K. Hovnanian at Upper Uwchlan, L.L.C.

K. Hovnanian at Vail Ranch, Inc.

X. Xxxxxxxxx at Xxxxx Del Sol, LLC

X. XXXXXXXXX AT VERONA URBAN RENEWAL, L.L.C.

K. Hovnanian at Victorville, L.L.C.

K. HOVNANIAN AT VINELAND, L.L.C.

K. Hovnanian at Vista Del Sol, L.L.C.

K. Hovnanian at Wall Township VI, Inc.

X. Xxxxxxxxx at Wall Township VIII, Inc.

X. Xxxxxxxxx at Wanaque, L.L.C.

K. Hovnanian at Xxxxxx Township, L.L.C.

K. Hovnanian at Washington, L.L.C.

K. HOVNANIAN AT WASHINGTONVILLE, INC.

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X. Xxxxxxxxx at Xxxxx IX, L.L.C.

K. Hovnanian at Xxxxx V, Inc.

X. XXXXXXXXX AT XXXXX, VIII, L.L.C.

K. Hovnanian at West Bradford, L.L.C.

K. Hovnanian at West View Estates, L.L.C.

K. Hovnanian at West Windsor, L.L.C.

K. Hovnanian at Westshore, LLC

X. Xxxxxxxxx at Xxxxxxx Ranch, LLC

X. Xxxxxxxxx at Wildrose, Inc.

X. Xxxxxxxxx at Wildwood Bayside, L.L.C.

K. Hovnanian at Willow Brook, L.L.C.

K. HOVNANIAN AT WINCHESTER, LLC

X. Xxxxxxxxx at Woodcreek West, LLC

X. Xxxxxxxxx at Woodhill Estates, L.L.C.

K. Hovnanian at Woolwich I, L.L.C.

K. Hovnanian Cambridge Homes, L.L.C.

K. HOVNANIAN CENTRAL ACQUISITIONS, L.L.C.

K. Hovnanian Classics CIP, L.L.C.

K. Hovnanian Classics, L.L.C.

K. Hovnanian Communities, Inc.

X. Xxxxxxxxx Companies Metro D.C. North, L.L.C.

K. Hovnanian Companies Northeast, Inc.

X. Xxxxxxxxx Companies of California, Inc.

X. XXXXXXXXX COMPANIES OF MARYLAND, INC.

X. XXXXXXXXX COMPANIES OF NEW YORK, INC.

X. Xxxxxxxxx Companies of Pennsylvania, Inc.

X. Xxxxxxxxx Companies of Southern California, Inc.

X. Xxxxxxxxx Companies of Virginia, Inc.

X. Xxxxxxxxx Companies, LLC

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X. Xxxxxxxxx Connecticut Acquisitions, L.L.C.

K. Hovnanian Construction II, Inc

X. Xxxxxxxxx Construction III, Inc

X. Xxxxxxxxx Construction Management, Inc.

X. Xxxxxxxxx CraftBuilt Homes of South Carolina, L.L.C.

K. Hovnanian Delaware Acquisitions, L.L.C.

K. HOVNANIAN DEVELOPMENTS OF ARIZONA, INC.

X. Xxxxxxxxx Developments of California, Inc.

X. Xxxxxxxxx Developments of Connecticut, Inc.

X. XXXXXXXXX DEVELOPMENTS OF D.C., INC.

X. XXXXXXXXX DEVELOPMENTS OF DELAWARE, INC.

X. Xxxxxxxxx Developments of Georgia, Inc.

X. Xxxxxxxxx Developments of Illinois, Inc.

X. Xxxxxxxxx Developments of Indiana, Inc.

X. Xxxxxxxxx Developments of Kentucky, Inc.

X. XXXXXXXXX DEVELOPMENTS OF MARYLAND, INC.

X. Xxxxxxxxx Developments of Michigan, Inc.

X. Xxxxxxxxx Developments of Minnesota, Inc.

X. Xxxxxxxxx Developments of New Jersey II, Inc.

X. Xxxxxxxxx Developments of New Jersey, Inc.

X. XXXXXXXXX DEVELOPMENTS OF NEW YORK, INC.

X. Xxxxxxxxx Developments of North Carolina, Inc.

X. Xxxxxxxxx Developments of Ohio, Inc.

X. Xxxxxxxxx Developments of Pennsylvania, Inc.

X. Xxxxxxxxx Developments of South Carolina, Inc.

X. Xxxxxxxxx Developments of Texas, Inc.

X. Xxxxxxxxx Developments of Virginia, Inc.

X. Xxxxxxxxx Developments of West Virginia, Inc.

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X. Xxxxxxxxx Eastern Pennsylvania, L.L.C.

K. Hovnanian Enterprises, Inc.

X. XXXXXXXXX FIRST HOMES, L.L.C.

K. Hovnanian Florida Realty, L.L.C.

K. Hovnanian Four Seasons @ Historic Virginia, LLC

X. Xxxxxxxxx Four Seasons at Gold Hill, LLC

X. XXXXXXXXX GREAT WESTERN BUILDING COMPANY, LLC

X. XXXXXXXXX GREAT WESTERN HOMES, LLC

X. Xxxxxxxxx Holdings NJ, L.L.C.

K. Hovnanian Homes - DFW, L.L.C.

K. Hovnanian Homes at Cameron Station, LLC

X. Xxxxxxxxx Homes at Camp Springs, L.L.C.

K. Hovnanian Homes at Fairwood, L.L.C.

K. Hovnanian Homes at Forest Run, L.L.C.

K. Hovnanian Homes at Greenway Farm Park Towns, L.L.C.

K. Hovnanian Homes at Greenway Farm, L.L.C.

K. Hovnanian Homes at Xxxxx Station 1, L.L.C.

K. Hovnanian Homes at Xxxxx Station 2, L.L.C.

K. Hovnanian Homes at Xxxxxxx Place, L.L.C.

K. HOVNANIAN HOMES AT XXXXX STREET, L.L.C.

K. Hovnanian Homes at Primera, L.L.C.

K. Hovnanian Homes at Renaissance Plaza, L.L.C.

K. Hovnanian Homes at Xxxxxxx, L.L.C.

K. HOVNANIAN HOMES NORTHERN CALIFORNIA, INC.

X. Xxxxxxxxx Homes of D.C., L.L.C.

K. HOVNANIAN HOMES OF DELAWARE, L.L.C.

K. Hovnanian Homes of Georgia, L.L.C.

K. Hovnanian Homes of Houston, L.L.C.

K. Hovnanian Homes of Indiana, L.L.C.

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X. Xxxxxxxxx Homes of Maryland, L.L.C.

K. Hovnanian Homes of Minnesota, L.L.C.

K. HOVNANIAN HOMES OF NORTH CAROLINA, INC.

X. XXXXXXXXX HOMES OF PENNSYLVANIA, L.L.C.

K. Hovnanian Homes of South Carolina, LLC

X. Xxxxxxxxx Homes of Virginia, Inc.

X. Xxxxxxxxx Homes of West Virginia, L.L.C.

K. Hovnanian North Central Acquisitions, L.L.C.

K. Hovnanian North Jersey Acquisitions, L.L.C.

K. Hovnanian Northeast Services, L.L.C.

K. Hovnanian of Houston II, L.L.C.

K. Hovnanian Ohio Realty, L.L.C.

K. HOVNANIAN OSTER HOMES, L.L.C.

K. Hovnanian PA Real Estate, Inc.

X. Xxxxxxxxx Pennsylvania Acquisitions, L.L.C.

K. HOVNANIAN POLAND, SP .X.X.X.

X. Hovnanian Port Imperial Urban Renewal, Inc.

X. Xxxxxxxxx Properties of Red Bank, Inc.

X. Xxxxxxxxx Shore Acquisitions, L.L.C.

K. Hovnanian South Jersey Acquisitions, L.L.C.

K. Hovnanian Southern New Jersey, L.L.C.

K. HOVNANIAN STANDING ENTITY, L.L.C.

K. Hovnanian Summit Holdings, L.L.C.

K. Hovnanian Summit Homes of Kentucky, L.L.C.

K. Hovnanian Summit Homes of Michigan, L.L.C.

K. Hovnanian Summit Homes of Pennsylvania, L.L.C.

K. Hovnanian Summit Homes of West Virginia, L.L.C.

K. Hovnanian Summit Homes, L.L.C.

045050-0077-13401-Active.11845745

X. Xxxxxxxxx T&C Homes at Florida, L.L.C.

K. Hovnanian T&C Homes at Illinois, L.L.C.

K. Hovnanian T&C Homes at Minnesota, L.L.C.

K. HOVNANIAN T&C INVESTMENT, L.L.C.

K. Hovnanian T&C Management Co., L.L.C.

K. Hovnanian Venture I, L.L.C.

K. HOVNANIAN WINDWARD HOMES, LLC

X. Xxxxxxxxx'x Four Seasons at Ashburn Village, L.L.C.

K. Hovnanian's Four Seasons at Xxxxxx'x Xxxxx, L.L.C.

K. HOVNANIAN'S FOUR SEASONS AT BAKERSFIELD, L.L.C.

K. Hovnanian's Four Seasons at Beaumont, LLC

X. XXXXXXXXX'X FOUR SEASONS AT CHARLOTTESVILLE, L.L.C.

K. Hovnanian's Four Seasons at Dulles Discovery Condominium, L.L.C.

K. Hovnanian's Four Seasons at Dulles Discovery, L.L.C.

K. Hovnanian's Four Seasons at Hamptonburgh, L.L.C.

K. Hovnanian's Four Seasons at Hemet, LLC

X. Xxxxxxxxx'x Four Seasons at Huntfield,L.L.C.

K. Hovnanian's Four Seasons at Kent Island Condominiums, L.L.C.

K. Hovnanian's Four Seasons at Kent Island, L.L.C.

K. Hovnanian's Four Seasons at Los Banos, LLC

X. Xxxxxxxxx'x Four Seasons at Xxxxxx Valley, L.L.C.

K. Hovnanian's Four Seasons at New Kent Vineyards, L.L.C.

K. Hovnanian's Four Seasons at Palm Springs, LLC

X. XXXXXXXXX'X FOUR SEASONS AT RENAISSANCE, L.L.C.

K. Hovnanian's Four Seasons at Rush Creek, L.L.C.

K. Hovnanian's Four Seasons at St. Margarets Landing, L.L.C.

K. Hovnanian's Four Seasons at Vint Hill, L.L.C.

K. Hovnanian's Four Seasons at Westshore, LLC

X. Xxxxxxxxx'x Four Seasons, LLC

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X. Xxxxxxxxx'x Parkside at Towngate, L.L.C.

K. Hovnanian's Private Home Portfolio, L.L.C.

KHIP, L.L.C.

LANDARAMA, INC.

M & M at Long Branch, Inc

M&M at Chesterfield, LLC

M&M AT Copper Beech, L.L.C.

M&M AT Crescent Court, L.L.C.

M&M at East Xxxxxxxxxx, L.L.C.

M&M AT MORRISTOWN, L.L.C.

M&M AT SPINNAKER POINTE, L.L.C.

M&M AT SPRUCE HOLLOW, L.L.C.

M&M AT SPRUCE RUN, L.L.C.

M&M at Station Square, L.L.C.

M&M at Tamarack Hollow, L.L.C.

M&M AT UNION, L.L.C.

M&M at West Orange, L.L.C.

M&M at Wheatena Urban Renewal, L.L.C.

M&M INVESTMENTS, X.X.

Xxxxxx & Mumford at Egg Harbor, L.L.C.

MATZEL & MUMFORD AT XXXXXXXXXX, L.L.C.

Matzel & Mumford at South Bound Brook Urban Renewal, L.L.C.

MCNJ, Inc.

Midwest Building Products & Contractor Services of Kentucky, L.L.C.

Midwest Building Products & Contractor Services of Michigan, L.L.C.

Midwest Building Products & Contractor Services of Pennsylvania, L.L.C.

Midwest Building Products & Contractor Services of West Virginia, L.L.C.

MIDWEST BUILDING PRODUCTS & CONTRACTOR SERVICES, L.L.C.

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MILLENNIUM TITLE AGENCY, LTD.

MMIP, L.L.C.

Natomas Central Neighborhood Housing, L.L.C.

New Land Title Agency, L.L.C.

PADDOCKS, L.L.C.

PARK TITLE COMPANY, LLC

Pine Ayr, LLC

RIDGEMORE UTILITY ASSOCIATES OF PENNSYLVANIA, L.L.C.

Ridgemore Utility, L.L.C.

SEABROOK ACCUMULATION CORPORATION

STONEBROOK HOMES, INC.

Terrapin Realty, L.L.C.

The Matzel & Mumford Organization, Inc

Washington Homes at Columbia Town Center, L.L.C.

Washington Homes, Inc.

Westminster Homes of Alabama, L.L.C.

Westminster Homes of Mississippi, LLC

Westminster Homes of Tennessee, Inc.

WESTMINSTER HOMES, INC.

WH LAND I, INC

WH PROPERTIES, INC.

WH/PR Land Company, L.L.C.

Woodland Lake Condominiums at Bowie New Town, L.L.C.

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