Western Pacific Housing Canyon Park S-3ASR Automatic shelf registration

Exhibit 25.2

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORMT-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)

Branch Banking and Trust Company

(Exact name of trustee as specified in its charter)

North Carolina	56-0149200
(Jurisdiction of incorporation if not a U.S. national bank)	(I.R.S. Employer Identification Number)
223 West Nash Street Wilson, NC 27893	27893
(Address of principal executive offices)	(Zip Code)

Gregory Yanok

Vice President

223 West Nash Street

Wilson, NC 27893

(252)246-4679

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

Delaware	D.R. Horton, Inc..	75-2386963
(State or other jurisdiction of incorporation or organization)	(Exact name of obligor as specified in its charter)	(IRS Employer Identification Number)
1341 Horton Circle Arlington, TX		76011
(Address of principal executive offices)		(Zip Code)

SENIOR SUBORDINATED DEBT SECURITIES

AND RELATED GUARANTEES

(Title of the indenture securities)

TABLE OF ADDITIONALCO-OBLIGORS

The following direct and indirect subsidiaries of D.R. Horton, Inc. may guarantee the D.R. Horton Inc. senior subordinated debt securities. The address, including zip code, and telephone number, including area code, for each of theco-obligors is c/o D.R. Horton, Inc., 1341 Horton Circle Arlington, Texas 76011, (817)390-8200.

Name ofCo-Registrant	Jurisdiction of Incorporation or Organization	I.R.S. Employer Identification No.
C. Richard Dobson Builders, Inc.	Virginia		54-1082672
CH Investments of Texas, Inc.	Delaware		86-0831611
CHI Construction Company	Arizona		86-0533370
CHTEX of Texas, Inc.	Delaware		74-2791268
Continental Homes, Inc.	Delaware		86-0515339
Continental Homes of Texas, L.P.	Texas		74-2791904
Continental Residential, Inc.	California		86-0596757
D.R. Horton – Colorado, LLC	Delaware		47-4670290
D.R. Horton – CHAustin, LLC	Delaware		47-4632353
D.R. Horton – Crown, LLC	Delaware		46-1022394
D.R. Horton – Emerald, Ltd.	Texas		75-2926873
D.R. Horton – Georgia, LLC	Delaware		46-1040657
D.R. Horton – Indiana, LLC	Delaware		47-4681214
D.R. Horton – Permian, LLC	Delaware		47-4645825
D.R. Horton – Regent, LLC	Delaware		46-1018273
D.R. Horton – Schuler Homes, LLC	Delaware		02-0548194
D.R. Horton – Texas, Ltd.	Texas		75-2491320
D.R. Horton – WPH, LLC	Delaware		46-1038842
D.R. Horton, Inc. – Birmingham	Alabama		62-1666398
D.R. Horton, Inc. – Chicago	Delaware		75-2795240
D.R. Horton, Inc. – Dietz-Crane	Delaware		75-2926868
D.R. Horton, Inc. – Greensboro	Delaware		75-2599897
D.R. Horton, Inc. – Gulf Coast	Delaware		75-2926872
D.R. Horton, Inc. – Huntsville	Delaware		20-4973832
D.R. Horton, Inc. – Jacksonville	Delaware		75-2460269
D.R. Horton, Inc. – Louisville	Delaware		75-2636512
D.R. Horton, Inc. – Midwest	California		75-2589359
D.R. Horton, Inc. – Minnesota	Delaware		75-2527442
D.R. Horton, Inc. – New Jersey	Delaware		75-2665362
D.R. Horton, Inc. – Portland	Delaware		75-2763765
D.R. Horton, Inc. – Torrey	Delaware		75-2689997
D.R. Horton BAY, Inc.	Delaware		65-1218940
D.R. Horton CA2, Inc.	California		75-2569592
D.R. Horton CA3, Inc.	Delaware		75-2926871
D.R. Horton CA4, LLC	Delaware		47-4619674
D.R. Horton Cruces Construction, Inc.	Delaware		65-1218942
D.R. Horton LA North, Inc.	Delaware		65-1218941
D.R. Horton Los Angeles Holding Company, Inc.	California		75-2589298
D.R. Horton Management Company, Ltd.	Texas		75-2436079
D.R. Horton Materials, Inc.	Delaware		75-2926870
D.R. Horton Serenity Construction, LLC	Delaware		75-2926876
D.R. Horton VEN, Inc.	California		75-2589293
DRH Cambridge Homes, LLC	Delaware		75-2797879
DRH Construction, Inc.	Delaware		75-2633738
DRH Regrem VII, LP	Texas		75-2926874
DRH Regrem XII, LP	Texas		65-1218943

Name ofCo-Registrant	Jurisdiction of Incorporation or Organization	I.R.S. Employer Identification No.
DRH Regrem XIV, Inc.	Delaware		20-4974035
DRH Regrem XV, Inc.	Delaware		20-4974123
DRH Regrem XVI, Inc.	Delaware		20-4974218
DRH Regrem XVII, Inc.	Delaware		20-4974283
DRH Regrem XVIII, Inc.	Delaware		20-4974344
DRH Regrem XIX, Inc.	Delaware		20-4974420
DRH Regrem XX, Inc.	Delaware		20-4974895
DRH Regrem XXI, Inc.	Delaware		20-4975007
DRH Regrem XXII, Inc.	Delaware		20-4975092
DRH Regrem XXIII, Inc.	Delaware		20-4975165
DRH Regrem XXIV, Inc.	Delaware		20-4975234
DRH Regrem XXV, Inc.	Delaware		75-2440439
DRH Regrem XXXVII, LLC	Delaware		47-4681366
DRH Regrem XXXVIII, LLC	Delaware		47-4670415
DRH Regrem XXXIX, LLC	Delaware		47-4659972
DRH Regrem XL, LLC	Delaware		47-4654463
DRH Regrem XLI, LLC	Delaware		83-1219778
DRH Regrem XLII, LLC	Delaware		83-1226448
DRH Regrem XLIII, LLC	Delaware		83-1246812
DRH Regrem XLIV, LLC	Delaware		83-1257652
DRH Regrem XLV, LLC	Delaware		83-1275508
DRH Regrem XLVI, LLC	Delaware		83-1286376
DRH Regrem XLVII, LLC	Delaware		83-1310784
DRH Regrem XLVIII, LLC	Delaware		83-1321463
DRH Regrem XLIX, LLC	Delaware		83-1336183
DRH Regrem L, LLC	Delaware		83-1352262
DRH Regrem LI, LLC	Delaware		83-1368494
DRH Regrem LII, LLC	Delaware		83-1383774
DRH Regrem LIII, LLC	Delaware		83-1401560
DRH Regrem LIV, LLC	Delaware		83-1421468
DRH Regrem LV, LLC	Delaware		83-1433653
DRH Southwest Construction, Inc.	California		75-2589289
DRH Tucson Construction, Inc.	Delaware		75-2709796
HPH Homebuilders 2000 L.P.	California		68-0368156
KDB Homes, Inc.	Delaware		86-0565376
Lexington Homes – DRH, LLC	Delaware		47-4659801
Meadows I, Ltd.	Delaware		75-2436082
Meadows II, Ltd.	Delaware		51-0342206
Meadows VIII, Ltd.	Delaware		75-2824511
Meadows IX, Inc.	New Jersey		75-2684821
Meadows X, Inc.	New Jersey		75-2684823
Melody Homes, Inc.	Delaware		88-0309544
Pacific Ridge – DRH, LLC	Delaware		46-1030683
Schuler Homes of Arizona LLC	Delaware		99-0350555
Schuler Homes of California, Inc.	California		99-0328127
Schuler Homes of Oregon, Inc.	Oregon		99-0330791
Schuler Homes of Washington, Inc.	Washington		99-0329483
SGS Communities at Grande Quay L.L.C.	New Jersey		22-3481784
SHA Construction LLC	Delaware		86-1002579
SHLR of California, Inc.	California		99-0350554
SHLR of Nevada, Inc.	Nevada		99-0343628
SHLR of Washington, Inc.	Washington		99-0334375
SRHI LLC	Delaware		99-0343629
SSHI LLC	Delaware		91-1842222

Name ofCo-Registrant	Jurisdiction of Incorporation or Organization	I.R.S. Employer Identification No.
Vertical Construction Corporation	Delaware		22-3216488
Western Pacific Housing-Antigua, LLC	Delaware		95-4750872
Western Pacific Housing-Broadway, LLC	Delaware		95-4850687
Western Pacific Housing-Canyon Park, LLC	Delaware		95-4716219
Western Pacific Housing-Carrillo, LLC	Delaware		95-4815705
Western Pacific Housing-Communications Hill, LLC	Delaware		95-4637162
Western Pacific Housing-Copper Canyon, LLC	Delaware		95-4817406
Western Pacific Housing-Creekside, LLC	Delaware		95-4769848
Western Pacific Housing-Lomas Verdes, LLC	Delaware		95-4783214
Western Pacific Housing-McGonigle Canyon, LLC	Delaware		95-4735759
Western Pacific Housing-Mountaingate, L.P.	California		95-4539564
Western Pacific Housing-Norco Estates, LLC	Delaware		95-4686652
Western Pacific Housing-Pacific Park II, LLC	Delaware		95-4636584
Western Pacific Housing-Park Avenue East, LLC	Delaware		52-2350169
Western Pacific Housing-Park Avenue West, LLC	Delaware		95-4888647
Western Pacific Housing-Playa Vista, LLC	Delaware		95-4879655
Western Pacific Housing-River Ridge, LLC	Delaware		95-4870837
Western Pacific Housing-Terra Bay Duets, LLC	Delaware		95-4878114
Western Pacific Housing-Torrey Meadows, LLC	Delaware		95-4878113
Western Pacific Housing-Torrey Village Center, LLC	Delaware		95-4837541
Western Pacific Housing-Windemere, LLC	Delaware		95-4879656
Western Pacific Housing, Inc.	Delaware		95-4887164
Western Pacific Housing Management, Inc.	California		95-4692688
WPH-Camino Ruiz, LLC	Delaware		95-4802985

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.

State of North Carolina – Commissioner of Banks

State of North Carolina

Raleigh, North Carolina

Federal Reserve Bank of Richmond

Post Office Box 27622

Richmond, VA 23261

Federal Deposit Insurance Corporation

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.

Based upon an examination of the books and records of the trustee and upon information furnished by the obligors, the obligors are not affiliates of the trustee.

Items 3-15. No responses are included for Items 3 through 15. Responses to those Items are not required because, as provided in General Instruction B the obligors are not in default on any securities issued under indentures under which Branch Banking and Trust Company is a trustee and Branch Banking and Trust Company is not a foreign trustee.

Item 16. List of Exhibits.

List below all exhibits filed as a part of this statement of eligibility; exhibits identified in parentheses are filed with the Commission and are incorporated herein by reference as exhibits hereto pursuant to Rule7a-29 under the Trust Indenture Act of 1939, as amended, and Rule 24 of the Commission’s Rules of Practice.

1. A copy of the Articles of Incorporation for Branch Banking and Trust Company, as now in effect, is incorporated by reference to Exhibit 1 to the FormT-1 filed as Exhibit 25.1 to Registration StatementNo. 333-221438.

2. The authority of Branch Banking and Trust Company to commence business was granted under the Articles of Incorporation for Branch Banking and Trust Company, incorporated herein by reference to Exhibit 1 of this FormT-1.

3. The authorization to exercise corporate trust powers was granted under the Articles of Incorporation for Branch Banking and Trust Company, incorporated herein by reference to Exhibit 1 of this Form T-1.

4. A copy of the existingBy-Laws of Branch Banking and Trust Company, as now in effect, is incorporated by reference to Exhibit 4 to the FormT-1 filed as Exhibit 25.1 to Registration StatementNo. 333-221438.

5. Not applicable.

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

7. The Current Report of the Condition of Trustee, published pursuant to law or the requirements of its supervising or examining authority, is attached as Exhibit 7.

8. Not applicable.

9. Not applicable.

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939 the trustee, Branch Banking and Trust Company, a banking corporation organized and existing under the laws of the State of North Carolina, 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 Houston and the State of Texas, on the 7th day of August, 2018.

BRANCH BANKING AND TRUST COMPANY
By:	/s/ Gregory Yanok
Name:	Gregory Yanok
Title:	Vice President

EXHIBIT 6 TO FORMT-1

Section 321(b) Consent

Pursuant to Section 321(b) of the Trust Indenture Act of 1939, as amended, Branch Banking and Trust Company hereby consents that reports of examinations by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon requests therefor.

	BRANCH BANKING AND TRUST COMPANY
Dated: August 7, 2018	By:	/s/ Gregory Yanok
	Name:	Gregory Yanok
	Title:	Vice President

EXHIBIT 7 TO FORMT-1

BB&T CORPORATION AND SUBSIDIARIES

UNAUDITED CONSOLIDATED BALANCE SHEET

(Dollars in millions, except per share data, shares in thousands)	June 30, 2018
Assets
Cash and due from banks	$	2,046
Interest-bearing deposits with banks		662
Cash equivalents		213
Restricted cash		132
AFS securities at fair value		23,919
HTM securities (fair value of $21,080 at June 30, 2018)		21,749
LHFS at fair value		1,615
Loans and leases		146,183
ALLL		(1,530	)
Loans and leases, net of ALLL		144,653
Premises and equipment		2,154
Goodwill		9,617
CDI and other intangible assets		647
MSRs at fair value		1,143
Other assets		14,131
Total Assets	$	222,681
Liabilities
Deposits	$	159,475
Short-term borrowings		3,576
Long-term debt		24,081
Accounts payable and other liabilities		5,717
Total Liabilities		192,849
Commitments and contingencies
Shareholders’ Equity
Preferred stock, $5 par, liquidation preference of $25,000 per share		3,053
Common stock, $5 par		3,872
Additionalpaid-in capital		7,364
Retained earnings		17,197
AOCI, net of deferred income taxes		(1,706	)
Noncontrolling interests		52
Total shareholders’ equity		29,832
Total liabilities and shareholders’ equity	$	222,681