SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: 15 May 1996
(Date of earliest event reported)
JOHN DEERE OWNER TRUST 1995-A
(Issuer of the Notes and the Certificates)
JOHN DEERE RECEIVABLES, INC.
(Originator of the Trust described herein)
(Exact name of registrant as specified in charter)
DELAWARE
(State or other jurisdiction of incorporation)
33-66922
(Commission File Number)
(36-7115594)
(IRS Employer Identification No.)
c/o John Deere Capital Corporation
Suite 600 First Interstate Bank Building
1 East First Street
Reno, Nevada 89501
(Address of principal executive offices and zip code)
(702)786-5527
(Registrant's telephone number, including area code)
Page 1 of 8 pages.
The Exhibit Index appears at Page 3.<PAGE>
Item 5. Other Events.
The statements attached as exhibits hereto are filed in
accordance with a letter dated on or
about May 31, 1995 submitted to the Office of the Chief Counsel,
Division of Corporation
Finance of the Securities and Exchange Commission on behalf of
the Trust by the Servicer
and Depositor of the Trust.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.1 Statement to Certificateholders
99.2 Statement to Noteholders
99.3 Servicer's Certificate
Signature
Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its
behalf by the undersigned
thereunto duly authorized.
JOHN DEERE OWNER TRUST 1995-A
JOHN DEERE RECEIVABLES, INC.
By: John Deere Capital Corporation
(Servicer)
By: /s/ Nathan J. Jones
Nathan J. Jones, Treasurer
Dated: 15 May 1996
<PAGE>
EXHIBIT INDEX
Exhibit No. Page
99.1 Statement to Certificateholders 4
99.2 Statement to Noteholders 5
99.3 Servicer's Certificate 6
<PAGE>
Exhibit 99.1
Schedule E -- Statement to Certificateholders
Fiscal Month
John Deere Owner Trust 1995-A Apr 1996
Payment Date: 15-May-96
(1) Amount of principal
being paid or distributed:
(a) Class A-1 Notes: $ 0.00
per $1,000 original principal amount: $ 0.00000000
(b) Class A-2 Notes: $ 30,311,322.99
per $1,000 original principal amount: $ 62.33
(c) Certificates: $ 1,262,971.79
per $1,000 original principal amount: $ 42.08
(d) Total: $ 31,574,294.78
(2) (a) Amount of interest being paid
or distributed:
(i) Class A-1 Notes: $ 0
per $1,000 original principal amount: $ 0
(ii) Class A-2 Notes: $ 1,856,728.79
per $1,000 original principal amount: $ 3.82
(iii) Certificates: $ 137,581.90
per $1,000 original principal amount: $ 4.58
(iv) Total: $ 1,994,310.69
(b) Pass-Through Rate for this Payment Date: 5.825000%
(3) (a) Pool Balance at end of related
Collection Period: $395,770,757.48
(b) Note Value at end of related
Collection Period: $407,546,900.13
(c) Number of Accounts at end of
Collection Period: 30,294
(4) After giving effect to distributions
on this Payment Date:
(a) (i) outstanding principal amount of
Class A-1 Notes: $ 0
(ii)Class A-1 Note Pool Factor: 0
(b) (i) outstanding principal amount of
Class A-2 Notes: $367,559,131.87
(ii) Class A-2 Note Pool Factor: 0.76
(c) (i) Certificate Balance: $ 27,080,079.85
(ii) Certificate Pool Factor: 0.90
(5) Amount of Servicing Fee being paid: $ 354,365.87
per $1,000 original principal
amount of Notes and Certificates: 0.47
(6) Amount of Administration Fee being paid: $ 100.00
(7) Aggregate Purchase Amounts for
Collection Period: $ 0
(8) Aggregate amount of Realized Losses
for the Collection Period: $ 22,683.53
(9) (i) Amount in Reserve Account: $ 15,007,077.00
(ii) Amount in Class A-1 Maturity Account $ 0
(iii) Amount in Class A-2 Lockout Account $ 0
(iv) Specified Reserve Account Balance $ 15,007,077.00
(10) Amount of Scheduled Payments
delinquent by more than 60 days
as of the end of the related
Collection Period $ 3,199,962.00
<PAGE>
Exhibit 99.2
Schedule F -- Statement to Noteholders
Fiscal Month
John Deere Owner Trust 1995-A Apr 1996
Payment Date: 15-May-96
(1) Amount of principal being paid on Notes:
(a) Class A-1 Notes: $ 0
per $1,000 original principal amount: $ 0
(b) Class A-2 Notes: $ 30,311,322.99
per $1,000 original principal amount: $ 62.33
(c) Total: $ 30,311,322.99
(2) (a) Amount of interest being paid on Notes:
(i) Class A-1 Notes: $ 0
per $1,000 original principal amount: $ 0
(ii) Class A-2 Notes: $ 1,856,728.79
per $1,000 original principal amount: $ 3.82
(iii) Total: $ 1,856,728.79
(b) Class A-1 Note Interest Rate
for this Payment Date: 0.00%
(c) Class A-2 Note Interest Rate
for this Payment Date: 5.6%
(3) (a) Pool Balance at end of related
Collection Period: $ 395,770,757.48
(b) Note Value at end of related
Collection Period: $ 407,546,900.13
(c) Number of Accounts at end of
Collection Period: 30,294
(4) After giving effect to distributions
on this Payment Date:
(a) (i) outstanding principal amount of
Class A-1 Notes: $ 0
(ii) Class A-1 Note Pool Factor: $ 0
(b) (i) outstanding principal amount of
Class A-2 Notes: $ 367,559,131.87
(ii) Class A-2 Note Pool Factor: 0.76
(c) (i) Certificate Balance: $ 27,080,079.85
(ii) Certificate Pool Factor: 0.90
(5) Amount of Servicing Fee being paid: $ 354,365.87
per $1,000 original principal amount
of Notes and Certificates: 0.47
(6) Amount of Administration Fee being paid: $ 100.00
(7) Aggregate Purchase Amounts for
Collection Period: $ 0
(8) Aggregate amount of Realized Losses for the
Collection Period: $ 22,683.53
(9) (i) Amount in Reserve Account: $ 15,007,077.00
(ii) Amount in Class A-1 Maturity Account $ 0
(iii) Amount in Class A-2 Lockout Account $ 0
(iv) Specified Reserve Account Balance $ 15,007,077.00
(10) Amount of Scheduled Payments delinquent by more
than 60 days as of the end of the related
Collection Period $ 3,199,962.00
<PAGE>
EXHIBIT 99.3
Servicer's Certificate
John Deere Owner Trust 1995-A Fiscal Month
Apr 1996
Payment Date: 15 May 1996
(1) Servicing Fee to be paid: $ 354,365.87
Servicing Fee Shortfall: $ 0.00
(2) Administration Fee to be paid: $ 100.00
Administration Fee Shortfall: $ 0.00
(3) Total Distribution Amount: $ 35,513,107.49
(4) Class A-1 Note Interest Rate: 0.000000%
(5) Weighted average Net
APR for the related Collection Period: 9.471480%
(6) Class A-1 Noteholders' Earned Interest
for the Period: $ 0.00
(7) Noteholders' Interest Carryover
Shortfall: $ 0.00
(8) Class A-2 Note Interest Rate: 5.600000%
(9) Class A-2 Noteholders' Earned
Interest for the Period: $ 1,856,728.79
(10) Noteholders' Monthly Interest
Distributable Amount: $ 1,856,728.79
(11) Class A-1 Noteholders' Monthly
Principal Distributable Amount: $ 0.00
(12) Class A-1 Noteholders' Principal
Carryover Shortfall: $ 0.00
(13) Class A-1 Noteholders' Principal
Distributable Amount $ 0.00
(14) Class A-2 Noteholders' Percentage: 96%
(15) Class A-2 Noteholders' Monthly
Principal Distributable Amount: $ 30,311,322.99
(16) Class A-2 Noteholders' Principal
Carryover Shortfall: $ 0.00
(17) Class A-2 Noteholders' Principal
Distributable Amount: $ 30,311,322.99
(18) Noteholders' Principal
Distributable Amount: $ 30,311,322.99
(19) Pass-Through Rate: 5.825000%
(20) Certificateholders' Monthly Interest
Distributable Amount: $ 137,581.90
Interest Accrued in period at the
Pass-through Rate -- included in (20): $ 137,581.90
Excess Reserve Account balance
distributable to Certificateholders
as interest if Base Rate -
LIBOR >3.25% -- included in (20): $ 0.00
(21) Certificateholders' Interest
Carryover Shortfall: $ 0.00
(22) Certificateholders' Interest
Distributable Amount: $ 137,581.90
(23) Certificateholders' Percentage: 4%
(24) Certificateholders' Monthly Principal
Distributable Amount: $ 1,262,971.79
(25) Certificateholders' Principal
Carryover Shortfall: $ 0.00
(26) Certificateholders' Principal
Distributable Amount: $ 1,262,971.79
(27) Certificateholders'
Distributable Amount: $ 1,400,553.69
(28) Deposit of Excess from
Collection Account to
Reserve Account: $ 1,590,036.15
(29) Specified Reserve Account Balance
(before any distributions
of excess): $ 15,007,077.00
(30) Reserve Account Balance over the
Specified Reserve
Account Balance: $ 2,529,423.39
(before any distributions of excess)
(31) Excess Reserve Account Balance
distributable to Class A-1
Maturity Account (5.05 (b)(i)): $ 0.00
(32) Excess Reserve Account Balance
distributable to Seller
(5.05(b)(ii)): $ 2,529,423.39
(33) Excess Reserve Account Balance
distributable to
Class A-2 Noteholders: $ 0.00
(34) Amount to be withdrawn from the Reserve
Account and deposited into the
Note Distribution Account (5.05(c)): $ 0.00
Interest amount included in
above figure: $ 0.00
Principal amount included in
above figure: $ 0.00
(35) Amount to be withdrawn from the
Reserve Account and deposited
into the Certificate Distribution
Account (5.05(d)): $ 0.00
Interest amount included in
above figure: $ 0.00
Principal amount included in
above figure: $ 0.00
(36) (a) Pool Balance as of the close
of business on the last day of the
related Collection Period: $ 395,770,757.48
(b) Note Value at the end of
related Collection Period: $ 407,546,900.13
(c) Number of Accounts remaining
in pool: 30,294
(37) Outstanding Principal Balance of
Class A-1 Notes: $ 0.00
Class A-1 Note Pool Factor: 0.0000000
Outstanding Principal Balance of
Class A-2 Notes: $ 367,559,131.87
Class A-2 Note Pool Factor: 0.7557673
Outstanding Principal Balance of
the Certificates: $ 27,080,079.85
Certificate Pool Factor: 0.9022232
(38) Aggregate amount of Purchased Receivables
for related Collection Period: $ 0.00
(39) Amount of Realized Losses for the
related Collection Period: $ 22,683.53
(40) Reserve Account Balance after giving
effect to all distributions: $ 15,007,077.00
(41) Specified Reserve Account Balance:
(after all distributions and adjustments) $ 15,007,077.00
(a) (i) Aggregate Realized Losses from the
Cut-off Date through the end of the related
Collection Period $ 602,607.11
(ii) 2.25% of the Initial Pool Balance: $ 16,882,961.24
(b) (i) the sum of (x) the annualized Realized
Losses during the prior 3 fiscal months and
(y) the aggregate principal amount of all
Receivables as to which the related Finance
Equipment has been repossessed but which
has not become a Liquidated Receivable: $ 1,489,081.39
(ii) 1.65% of the Pool Balance at beginning
of the prior 3 fiscal months: $ 8,738,762.78
(c) (i) Aggregate Scheduled Payments delinquent
by more than 60 days as of the end of the
related Collection Period: $ 3,199,962.00
(ii) 1.875% of the Pool Balance at end of
related Collection Period: $ 7,420,701.70
