John Deere Owner Trust 2021 | EXHIBIT 99.2 | |||
Statement to Certificateholders | | |||
(___) | (___) | (___) | (___) | |
$257,200,000 Class A-1 0.12399% Asset Backed Notes due March 15, 2022 | | |||
$337,500,000 Class A-2 0.20% Asset Backed Notes due December 15, 2023 | | |||
$337,500,000 Class A-3 0.36% Asset Backed Notes due September 15, 2025 | | |||
$77,020,000 Class A-4 0.62% Asset Backed Notes due December 15, 2027 | | |||
$25,887,476 Overcollateralization | | |||
| | | | |
Payment Date: | 15-May-24 | |||
| | | | |
(1) | Amount of principal being paid or distributed: | | ||
| | | | |
| (a) | Class A-1 Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
| | | | |
| (b) | Class A-2 Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
| | | | |
| (c) | Class A-3 Notes: | $12,741,109.31 | |
| | per $1,000 original principal amount: | $37.75 | |
| | | | |
| (d) | Class A-4 Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
| | | | |
| (e) | Total: | $12,741,109.31 | |
| | | | |
(2) | (a) | Amount of interest being paid or distributed: | | |
| | | | |
| | (i) | Class A-1 Notes: | $0.00 |
| | | per $1,000 original principal amount: | $0.00 |
| | | | |
| | (ii) | Class A-2 Notes: | $0.00 |
| | | per $1,000 original principal amount: | $0.00 |
| | | | |
| | (iii) | Class A-3 Notes: | $15,481.61 |
| | | per $1,000 original principal amount: | $0.05 |
| | | | |
| | (iv) | Class A-4 Notes: | $39,793.67 |
| | | per $1,000 original principal amount: | $0.52 |
| | | | |
| | (v) | Total: | $55,275.28 |
| | | | |
(3) | (a) | Pool Balance (excluding accrued interest) at end of related Collection Period: | $142,250,755.28 | |
| | | | |
| (b) | Note Value at end of related Collection Period: | $141,771,718.66 | |
| | | | |
| (c) | Amount of Overcollateralization (Note Value less the aggregate principal amount of Notes) at end of related Collection Period: | $25,887,476.00 | |
| | | | |
(4) | After giving effect to distributions on this Payment Date: | | ||
| | | | |
| (a) | (i) | Outstanding Principal Amount of Class A-1 Notes: | $0.00 |
| | (ii) | A-1 Note Pool Factor: | 0.0000000 |
| | | | |
| (b) | (i) | Outstanding Principal Amount of Class A-2 Notes: | $0.00 |
| | (ii) | A-2 Note Pool Factor: | 0.0000000 |
| | | | |
| (c) | (i) | Outstanding Principal Amount of Class A-3 Notes: | $38,864,243.06 |
| | (ii) | A-3 Note Pool Factor: | 0.1151533 |
| | | | |
| (d) | (i) | Outstanding Principal Amount of Class A-4 Notes: | $77,020,000.00 |
| | (ii) | A-4 Note Pool Factor: | 1.0000000 |
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(5) | (a) | Amount of Servicing Fee: | $129,251.77 | |
| | (i) | per $1,000 original principal amount: | $0.12 |
| (b) | Amount of Servicing Fee earned: | $129,251.77 | |
| (c) | Amount of Servicing Fee paid: | $129,251.77 | |
| (d) | Amount of Servicing Fee Shortfall: | $0.00 | |
| | | | |
(6) | Amount of Administration Fee: | $100.00 | ||
| | | | |
(7) | Amount paid to Indenture Trustee: | $0.00 | ||
| | | | |
(8) | Amount paid to Owner Trustee: | $0.00 | ||
| | | | |
(9) | Amount paid to Asset Representations Reviewer: | | ||
| (a) | Section 5.04 (iii) - Asset Representations Review Fees | $0.00 | |
| (b) | Section 5.04 (ix) - Asset Representations Review Fees | $0.00 | |
| | | | |
(10) | Amount paid to Certificateholder: | $237,590.22 | ||
| | | | |
(11) | (i) | Amount in Reserve Account: | $10,351,075.00 | |
| (ii) | Specified Reserve Account Balance: | $10,351,075.00 | |
| | | | |
(12) | (i) | Payoff Amount of Receivables 60 days or more past due: | $3,043,170.64 | |
| (ii) | Payoff Amount of Receivables 60 days or more past due as a % of the Pool Balance: | 2.14% | |
| | | | |
(13) | (i) | Aggregate amount of net losses for the collection period: | $172,546.95 | |
| (ii) | Cumulative amount of net losses: | $1,090,734.39 | |
| (iii) | Cumulative net loss as a percent of Initial Pool Balance (Cumulative Net Loss Ratio): | 0.10% | |
| | | | |
(14) | (a) | Number of Receivables that were the subject of a repurchase demand in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of Receivables: | $0.00 |
| | (ii) | % of Pool Balance: | 0.00% |
| | | | |
| (b) | Number of Purchased Receivables in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of Purchased Receivables: | $131,193.03 |
| | (ii) | % of Pool Balance: | 0.08% |
| | | | |
| (c) | Number of Receivables pending repurchase (within cure period) in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of Receivables: | $0.00 |
| | (ii) | % of Pool Balance: | 0.00% |
| | | | |
| (d) | Number of repurchase demands in dispute in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of Receivables: | $0.00 |
| | (ii) | % of Pool Balance: | 0.00% |
| | | | |
| (e) | Number of repurchase demands withdrawn in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of related Receivables: | $0.00 |
| | (ii) | % of Pool Balance: | 0.00% |
| | | | |
| (f) | Number of repurchase demands rejected in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of related Receivables: | $0.00 |
| | (ii) | % of Pool Balance: | 0.00% |
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