Exhibit 10.6


 


INTELLECTUAL
PROPERTY SECURITY AGREEMENT


 


This
Intellectual Property Security Agreement (the “Agreement”), dated as of May 27,
2008 is made by each of the pledgors signatory hereto (together with any other
entity that may become a party hereto as provided herein, each a “Pledgor” and
collectively, the “Pledgors”), in favor of PNC Bank, National Association, as
Administrative Agent (in such capacity, the “Agent”) for the banks and other
financial institutions or entities (the “Lenders”) from time to time parties to
the Credit Agreement (defined below).


 


WHEREAS,
pursuant to that certain Seventh Amended and Restated Credit Agreement, dated
as of March 7, 2008, as amended by that Amendment No. 1 thereto (as
amended, restated, modified or supplemented from time to time, the “Credit
Agreement”) among K. HOVNANIAN ENTERPRISES, INC., as borrower (the “Borrower”),
HOVNANIAN ENTERPRISES, INC. (“Hovnanian”), as a Guarantor, the Lenders and the
Agent as lenders, Agent and the Lenders have agreed to provide certain loans to
the Borrower upon and subject to the conditions set forth therein;


 


WHEREAS,
the Borrower is a member of an affiliated group of companies that includes
Hovnanian, the Borrower’s parent company, and each other Pledgor;


 


WHEREAS,
the proceeds of the extensions of credit under the Credit Agreement will be
used in part to enable the Borrower to make valuable transfers to one or more
of the other Pledgors in connection with the operation of their respective
businesses;


 


WHEREAS,
the Borrower and the other Pledgors are engaged in related businesses, and each
Pledgor will derive substantial direct and indirect benefit from the making of
the extensions of credit under the Credit Agreement;


 


WHEREAS,
pursuant to and under the Credit Agreement and the Amended and Restated
Security Agreement dated as of May 16, 2008 (the “Security Agreement”)
among the parties hereto, the Borrower and the other Pledgors have agreed to
enter into this agreement in order to grant a security interest to the Agent in
certain patents, trademarks, copyrights and other property as security for such
loans and other obligations as more fully described herein.


 


NOW,
THEREFORE, intending to be legally bound hereby, the parties hereto agree as
follows:


 


1.             Defined
Terms.


 


(a)           Except
as otherwise expressly provided herein, (i) capitalized terms used in this
Agreement shall have the respective meanings assigned to them in the Credit
Agreement and (ii) the rules of construction set forth in Section 1.2
[Construction] of the Credit Agreement shall apply to this Agreement.  Where applicable and except as otherwise
expressly provided herein, terms used herein (whether or not capitalized) shall
have the respective meanings assigned to them in the Uniform Commercial Code as
enacted in New York as amended from time to time (the “Code”).


 


(b)           “Copyright
Licenses” shall mean any written agreement naming any Pledgor as licensor
or licensee, granting any right under any Copyright, including, without
limitation, the grant of


 

















 


rights to distribute, exploit and sell materials derived from any
Copyright, including, without limitation, any of the foregoing referred to in Schedule
A.


 


(c)           “Copyrights”
shall mean (i) all copyrights arising under the laws of the United States,
any other country or any political subdivision thereof, whether registered or
unregistered and whether published or unpublished, all registrations and
recordings thereof, and all applications in connection therewith, including,
without limitation, all registrations, recordings and applications in the
United States Copyright Office referred to in Schedule A, and (ii) the
right to obtain all renewals thereof.


 


(d)           “Intellectual
Property” shall mean the collective reference to all rights, priorities and
privileges, whether arising under United States, multinational or foreign laws,
in, to and under the Copyrights, the Copyright Licenses, the Patents, the
Patent Licenses, the Trademarks and the Trademark Licenses, and all rights to
sue at law or in equity for any infringement or other impairment thereof,
including the right to receive all proceeds and damages therefrom.


 


(e)           “Patent
License” shall mean all written agreements providing for the grant by or to
any Pledgor of any right to manufacture, use or sell any invention covered in
whole or in part by a Patent, including, without limitation, any of the
foregoing referred to in Schedule A.


 


(f)            “Patents”
shall mean (i) all letters patent of the United States, any other country
or any political subdivision thereof, all reissues and extensions thereof,
including, without limitation, any of the foregoing referred to in Schedule
A, (ii) all applications for letters patent of the United States or
any other country and all divisions, continuations and continuations-in-part
thereof, including, without limitation, any of the foregoing referred to in Schedule
A, and (iii) all rights to obtain any reissues or extensions of the
foregoing.


 


(g)           “Secured
Obligations” shall mean and include the following: all now existing and
hereafter arising Obligations (as defined in the Credit Agreement) of each and
every Pledgor and other Loan Party to the Agent, the Lenders, or any of their
respective Affiliates under the Credit Agreement or any of the other Loan
Documents, together with any extensions, renewals, replacements or refundings
thereof, and all costs and expenses of enforcement and collection, including
reasonable attorney’s fees.


 


(h)           “Secured
Parties” shall mean the collective reference to the Agent and the Lenders
or any Affiliate of any Lender to which any Secured Obligations are owed.


 


(i)            “Trademarks”
shall mean (i) all trademarks, trade names, corporate names, company
names, business names, fictitious business names, trade styles, service marks,
logos and other source or business identifiers, and all goodwill associated
therewith, now owned or hereafter acquired, all registrations and recordings
thereof, and all applications in connection therewith, whether in the United
States Patent and Trademark Office or in any similar office or agency of the United
States, any State thereof or any other country or any political subdivision
thereof, and all common-law rights related thereto, including, without
limitation, any of the foregoing referred to in Schedule A, and (ii) the
right to obtain all renewals thereof.


 


(j)            “Trademark
License” shall mean any written agreement providing for the grant by or to any
Pledgor of any right to use any Trademark, including, without limitation, any
of the foregoing referred to in Schedule A.


 


2

















 


2.             To secure the full payment and
performance of all Secured Obligations, each Pledgor hereby grants, and conveys
a security interest to Agent in the entire right, title and interest of such
Pledgor in and to all of its Intellectual Property; provided, however, that
notwithstanding any of the other provisions set forth in this Section 2
(and notwithstanding any recording of the Agent’s Lien made in the U.S. Patent
and Trademark Office, U.S. Copyright Office, or other registry office in any
other jurisdiction), this Agreement shall not constitute a grant of a security
interest in any property to the extent that such grant of a security interest
is prohibited by any applicable Law of an Official Body, requires a consent not
obtained of any Official Body pursuant to such Law or is prohibited by, or
constitutes a breach or default under or results in the termination of or gives
rise to any right of acceleration, modification or cancellation or requires any
consent not obtained under, any contract, license, agreement, instrument or
other document evidencing or giving rise to such property, except to the  extent that such Law or the term in such
contract, license, agreement, instrument or other document or similar agreement
providing for such prohibition, breach, default or termination or requiring
such consent is ineffective under applicable Law including 9-406, 9-407, 9-408
or 9-409 of the New York UCC (or any successor provision or provisions);
provided, further, that no security interest shall be granted in any United
States “intent-to-use” trademark or service mark application unless and until
acceptable evidence of use of the trademark or service mark has been filed with
and accepted by the U.S. Patent and Trademark Office pursuant to Section 1(c) or
Section 1(d) of the Lanham Act (U.S.C. 1051, et seq.), and to the
extent that, and solely during the period in which, the grant of a security
interest therein would impair the validity or enforceability of such “intent-to-use”
trademark or service mark applications under applicable federal Law.  After such period and after such evidence of
use has been filed and accepted, each Grantor acknowledges that such interest
in such trademark or service mark applications will become part of the
Collateral.  The Agent agrees that, at
any Grantor’s reasonable request and expense, it will provide such Grantor
confirmation that the assets described in this paragraph are in fact excluded
from the Collateral during such limited period only.


 


3.             Each Pledgor covenants and warrants that:


 


(a)           To
the knowledge of such Pledgor, on the date hereof, all material Intellectual
Property owned by such Pledgor is valid, subsisting and unexpired, has not been
abandoned and does not, to the knowledge of such Pledgor, infringe the
intellectual property rights of any other Person;


 


(b)           Such
Pledgor is the owner of each item of Intellectual Property, free and clear of
any and all Liens or claims of others except for the Permitted Liens permitted
to exist on the Collateral by the Credit Agreement.  No financing statement or other public notice
with respect to all or any part of the Collateral is on file or of record in
any public office, except such as have been filed in favor of the Agent, for
the ratable benefit of the Secured Parties, pursuant to this Agreement or as
are permitted by the Credit Agreement;


 


(c)           Such
Pledgor will within thirty (30) calendar days after any change in its
jurisdiction of organization, or change in its legal name, provide written
notice thereof to the Agent; and


 


(d)           Such
Pledgor shall execute and deliver, and have recorded, any and all agreements,
instruments, documents and papers as the Agent may reasonably request to
evidence the Agent’s and the Secured Parties’ security interest in such
Intellectual Property and the goodwill of such Pledgors relating thereto or
represented thereby.


 


4.             Each of the obligations of each Pledgor
under this Agreement is joint and several.


 


3

















 


The
Agent and the other Secured Parties, or any of the them, may, in their sole
discretion, elect to enforce this Agreement against any Pledgor without any
duty or responsibility to pursue any other Pledgor and such an election by the
Agent and the other Secured Parties, or any of them, shall not be a defense to
any action the Agent and the other Secured Parties, or any of them, may elect
to take against any Pledgor.  Each of the
Agent and the other Secured Parties hereby reserve all right against each
Pledgor.


 


5.             Pledgor
agrees that, until all of the Secured Obligations shall have been indefeasibly
satisfied in full, the Commitments have terminated and the Letters of Credit
have expired, it will not enter into any agreement (for example, a license
agreement) which is inconsistent with Pledgor’s obligations under this
Agreement, without Agent’s prior written consent which shall not be
unreasonably withheld except Pledgor may license technology in the ordinary
course of business without the Agent’s consent to suppliers and customers to
facilitate the manufacture and use of such Pledgor’s products.


 


6.             Whenever
any Pledgor, either by itself or through any agent, employee, licensee or
designee, shall file an application for the registration of any Intellectual
Property with the United States Patent and Trademark Office, the United States
Copyright Office or any similar office or agency in any other country or any
political subdivision thereof, such Pledgor shall report such filing to the
Agent on or before the date upon which the Borrower is required to deliver
financial statements pursuant to Section 7.3.1 of the Credit Agreement for
the fiscal quarter in which such filing occurs. 
Upon the reasonable request of the Agent, such Pledgor shall execute and
deliver, and have recorded, any and all agreements, instruments, documents, and
papers as the Agent may reasonably 
request to evidence the Agent’s and the other Secured Parties’ security
interest in any Copyright, Patent or Trademark and the goodwill and General
Intangibles of such Pledgor relating thereto or represented thereby.  In addition, if, before the Secured
Obligations shall have been indefeasibly satisfied in full and the Commitments
have terminated and the Letters of Credit have expired, any Pledgor shall own
any new trademark applications or registrations or any new registered
copyrights or patents, or any patent application or patent for any reissue,
division, continuation, renewal, extension, or continuation in part of any
Intellectual Property, the provisions of this Agreement shall automatically
apply thereto and such Pledgor shall give to Agent prompt notice thereof in
writing.  Each Pledgor and Agent agree to
modify this Agreement by amending Schedule A to include any future
patents, patent applications, trademark applications, trademarks, copyrights or
copyright applications and the provisions of this Agreement shall apply
thereto.


 


7.             Agent
shall have, in addition to all other rights and remedies given it by this
Agreement and those rights and remedies set forth in the Credit Agreement,
those allowed by applicable Law and the rights and remedies of a secured party
under the Uniform Commercial Code as enacted in any jurisdiction in which the
Intellectual Property may be located and, without limiting the generality of
the foregoing, solely if an Event of Default has occurred and is continuing,
Agent may immediately, without demand of performance and without other notice
(except as set forth below) or demand whatsoever to Pledgors, all of which are
hereby expressly waived, and without advertisement, sell at public or private
sale or otherwise realize upon, in a city that the Agent shall designate by
notice to the Pledgors, in Pittsburgh, Pennsylvania or elsewhere, the whole or
from time to time any part of the Intellectual Property, or any interest which
any Pledgor may have therein and, after deducting from the proceeds of sale or
other disposition of the Intellectual Property all expenses (including fees and
expenses for brokers and attorneys), shall apply the remainder of such proceeds
toward the payment of the Secured Obligations as the Agent, in its sole
discretion, shall determine.  Any
remainder of the proceeds after payment in full of the Secured Obligations
shall be paid over to Pledgors.  Notice
of any sale or other disposition of the Intellectual Property shall be given to
Pledgors at least ten (10) days before the time of 


 


4

















 


any intended public or private sale or other disposition of the
Intellectual Property is to be made, which each Pledgor hereby agrees shall be
reasonable notice of such sale or other disposition.  At any such sale or other disposition, Agent
may, to the extent permissible under applicable Law, purchase the whole or any
part of the Intellectual Property sold, free from any right of redemption on
the part of Pledgor, which right is hereby waived and released.  The Agent shall endeavor to provide the
Borrower with notice at or about the time of the exercise of remedies in the
preceding sentence, provided that the failure to provide such notice shall not
in any way compromise or adversely affect the exercise of such remedies or the
Agent’s rights hereunder.


 


8.             If
any Event of Default shall have occurred and be continuing, Pledgor hereby
authorizes and empowers Agent to make, constitute and appoint any officer or
agent of Agent, as Agent may select in its exclusive discretion, as such
Pledgor’s true and lawful attorney-in-fact, with the power to endorse such
Pledgor’s name on all applications, documents, papers and instruments necessary
for Agent to use the Intellectual Property, or to grant or issue, on
commercially reasonable terms, any exclusive or nonexclusive license under the
Intellectual Property to any third person, or necessary for Agent to assign,
pledge, convey or otherwise transfer title in or dispose, on commercially
reasonable terms, of the Intellectual Property to any third Person.  Each Pledgor hereby ratifies all that such
attorney shall lawfully do or cause to be done by virtue hereof.  This power of attorney, being coupled with an
interest, shall be irrevocable for the life of this Agreement.


 


9.             Any
and all fees, costs and expenses, of whatever kind or nature, including
reasonable attorneys’ fees and expenses incurred by Agent in connection with the
preparation of this Agreement and all other documents relating hereto and the
consummation of this transaction, the filing or recording of any documents
(including all taxes in connection therewith) in public offices, the payment or
discharge of any taxes, counsel fees, maintenance fees, encumbrances, the
protection, maintenance or preservation of the Intellectual Property, or the
defense or prosecution of any actions or proceedings arising out of or related
to the Intellectual Property, shall be borne and paid by Pledgor within fifteen
(15) days of demand by Agent, and if not paid within such time, shall be added
to the principal amount of the Secured Obligations and shall bear interest at
the highest rate prescribed in the Credit Agreement.


 


10.           No
course of dealing between Pledgor and Agent, nor any failure to exercise nor
any delay in exercising, on the part of Agent, any right, power or privilege
hereunder or under the Credit Agreement or other Loan Documents shall operate
as a waiver of such right, power or privilege, nor shall any single or partial
exercise of any right, power or privilege hereunder or thereunder preclude any
other or further exercise thereof or the exercise of any other right, power or
privilege.


 


11.           All
of Agent’s rights and remedies with respect to the Intellectual Property,
whether established hereby, by the Security Agreement or by the Credit
Agreement or by any other agreements or by Law, shall be cumulative and may be
exercised singularly or concurrently.  In
the event of any irreconcilable inconsistency in the terms of this Agreement
and the Security Agreement, the Security Agreement shall control.


 


12.           The
provisions of this Agreement are severable, and if any clause or provision
shall be held invalid and unenforceable in whole or in part in any
jurisdiction, then such invalidity or unenforceability shall affect only such
clause or provision, or part thereof, in such jurisdiction, and shall not in
any manner affect such clause or provision in any other jurisdiction, or any clause
or provision of this Agreement in any jurisdiction.


 


5

















 


13.           This
Agreement is subject to modification only by a writing signed by the parties,
except as provided in Section 6 hereof.


 


14.           The
benefits and burdens of this Agreement shall inure to the benefit of and be
binding upon the respective successors and permitted assigns of the parties, provided,
however, that Pledgor may not assign or transfer any of its rights or
obligations hereunder or any interest herein and any such purported assignment
or transfer shall be null and void.


 


15.           This
Agreement and the rights and obligations of the parties under this agreement
shall be governed by, and construed and interpreted in accordance with, the Law
of the State of New York.


 


16.           Each
Pledgor (i) hereby irrevocably submits to the nonexclusive jurisdiction of
the courts of the State of New York and the United States District Court for
the Southern District of New York, or any successor to said court (hereinafter
referred to as the “New York Courts”) for purposes of any suit, action
or other proceeding which relates to this Agreement or any other Loan Document,
(ii) to the extent permitted by applicable Law, hereby waives and agrees
not to assert by way of motion, as a defense or otherwise in any such suit,
action or proceeding, any claim that it is not personally subject to the
jurisdiction of the New York Courts, that such suit, action or proceeding is
brought in an inconvenient forum, that the venue of such suit, action or
proceeding is improper, or that this Agreement or any Loan Document may not be
enforced in or by the New York Courts, (iii) hereby agrees not to seek,
and hereby waives, any collateral review by any other court, which may be
called upon to enforce the judgment of any of the New York Courts, of the
merits of any such suit, action or proceeding or the jurisdiction of the New
York Courts, and (iv) waives personal service of any and all process upon
it and consents that all such service of process be made by certified or
registered mail addressed as provided in Section 19 hereof and service so
made shall be deemed to be completed upon actual receipt thereof.  Nothing herein shall limit any Secured Party’s
right to bring any suit, action or other proceeding against any Pledgor or any
of any Pledgor’s assets or to serve process on any Pledgor by any means
authorized by Law.


 


17.           This
Agreement may be executed in any number of counterparts, and by different
parties hereto in separate counterparts, each of which, when so executed, shall
be deemed an original, but all such counterparts shall constitute one and the
same instrument.  Each Pledgor
acknowledges and agrees that a telecopy transmission to the Agent or any Lender
of the signature pages hereof purporting to be signed on behalf of any
Pledgor shall constitute effective and binding execution and delivery hereof by
such Pledgor.


 


18.           EXCEPT
AS PROHIBITED BY LAW, EACH PLEDGOR AND EACH OF THE COMPANIES HEREBY WAIVES ANY
RIGHT IT MAY HAVE TO A TRIAL BY A JURY IN RESPECT OF ANY LITIGATION
DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER, OR IN CONNECTION WITH THIS
AGREEMENT OR ANY OTHER DOCUMENTS OR TRANSACTIONS RELATING THERETO.


 


19.           All
notices, requests, demands, directions and other communications (collectively, “notices”)
given to or made upon any party hereto under the provisions of this Agreement
shall be as set forth in Section 10.6 [Notices] of the Credit Agreement.


 


20.           Each
Pledgor acknowledges and agrees that, in addition to the other rights of the Agent
hereunder and under the other Loan Documents, because the Agent’s remedies at
law for failure of such Pledgor to comply with the provisions hereof relating
to the Agent’s rights (i) to inspect the books and


 


6

















 


records related to the Pledged Collateral, (ii) to receive the
various notifications such Pledgor is required to deliver hereunder, (iii) to
obtain copies of agreements and documents as provided herein with respect to
the Pledged Collateral, (iv) to enforce the provisions hereof pursuant to
which the such Pledgor has appointed the Agent its attorney-in-fact, and (v) to
enforce the Agent’s remedies hereunder, would be inadequate and that any such
failure would not be adequately compensable in damages, such Pledgor agrees
that each such provision hereof may be specifically enforced.


 


 


[SIGNATURES
APPEAR ON FOLLOWING PAGE]


 


7

















 


[SIGNATURE PAGE 1 OF 54 TO THE
INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


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


 


	
   

  	
  Agent:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  PNC BANK, NATIONAL ASSOCIATION, as Agent

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  
					



 


8

















 


[SIGNATURE PAGE 2 OF 54 TO THE
INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
  Pledgors:

  	
   

  
	
   

  
	
   

  	
  K.
  HOVNANIAN ENTERPRISES, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name: Kevin C. Hake

  
	
   

  	
  Title: Senior
  Vice-President — Finance and Treasurer

  
				



 


9
















 


[SIGNATURE
PAGE 3 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  HOVNANIAN
  ENTERPRISES, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name: Kevin C. Hake

  
	
   

  	
  Title:
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  EASTERN TITLE AGENCY, INC.

  
	
   

  	
   

  
	
   

  	
  FOUNDERS
  TITLE AGENCY, INC.

  
	
   

  	
   

  
	
   

  	
  GOVERNOR’S
  ABSTRACT CO., INC.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN DEVELOPMENTS OF FLORIDA, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOV INTERNATIONAL, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOV IP, II, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOV IP, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN ACQUISITIONS, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT BERNARDS IV, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT BRANCHBURG III, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT BRIDGEPORT, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT BRIDGEWATER VI, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT BURLINGTON III, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT BURLINGTON, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT CALABRIA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT CAMERON CHASE, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT CARMEL DEL MAR, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT CASTILE, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
  On behalf of, and as
  Senior Vice-President — Finance

  and Treasurer of each of the foregoing corporations

  
	
   

  	
   

  	
   

  
	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
  Secretary

  



 


10

















 


[SIGNATURE
PAGE 4 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K.
  HOVNANIAN AT CHAPARRAL, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT CLARKSTOWN, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT CRESTLINE, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT DOMINGUEZ HILLS, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT EAST WHITELAND I, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT FREEHOLD TOWNSHIP I, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT HERSHEY’S MILL, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT HACKETTSTOWN, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT HIGHLAND VINEYARDS, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT HOPEWELL IV, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT HOPEWELL VI, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT HOWELL TOWNSHIP, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT KINGS GRANT I, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT LA TERRAZA, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT LAKEWOOD, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT LOWER SAUCON, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT MAHWAH II, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT MAHWAH VI, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT MAHWAH VII, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT MANALAPAN, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT MARLBORO II, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MARLBORO TOWNSHIP III, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MARLBORO TOWNSHIP IV, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MONTGOMERY I, INC.

  
	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN AT MONROE II, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
  On behalf of, and as Senior Vice-President — Finance
  

  and Treasurer of each of the foregoing corporations

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
  Secretary

  



 


11

















 


[SIGNATURE
PAGE 5 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT
  NORTHERN WESTCHESTER, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT NORTHLAKE, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT OCEAN TOWNSHIP, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT OCEAN WALK, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT PERKIOMEN I, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT PERKIOMEN II, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT RANCHO CRISTIANITOS, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT RESERVOIR RIDGE, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT SAN SEVAINE, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT SARATOGA, INC. K. HOVNANIAN

  
	
   

  	
   

  
	
   

  	
  AT SAWMILL, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT
  SCOTCH PLAINS II, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT
  SMITHVILLE, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT
  SOUTH BRUNSWICK V, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT STONE CANYON, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT STONY POINT, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT SYCAMORE, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT TANNERY HILL, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT THE BLUFF, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT THORNBURY, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT TIERRASANTA, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT
  TROVATA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT TUXEDO,
  INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT UNION
  TOWNSHIP I, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
  On behalf of, and as
  Senior Vice-President — Finance 

  and Treasurer of each of the foregoing corporations

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
  Secretary

  



 


12

















 


[SIGNATURE
PAGE 6 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT
  UPPER FREEHOLD TOWNSHIP I, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT UPPER
  MAKEFIELD I, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT VAIL RANCH, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT
  WALL TOWNSHIP VI, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT
  WALL TOWNSHIP VIII, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT
  WASHINGTONVILLE, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT
  WAYNE III, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT WAYNE
  V, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT
  WILDROSE, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  COMMUNITIES, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN COMPANIES
  NORTHEAST, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  COMPANIES OF CALIFORNIA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  COMPANIES OF MARYLAND, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  COMPANIES OF NEW YORK, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN COMPANIES
  OF PENNSYLVANIA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  COMPANIES OF SOUTHERN 

  CALIFORNIA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  COMPANIES OF VIRGINIA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  CONSTRUCTION II, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  CONSTRUCTION III, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  CONSTRUCTION MANAGEMENT, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN
  DEVELOPMENTS OF VIRGINIA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF ARIZONA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF CALIFORNIA, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
  On behalf of, and as Senior Vice-President — Finance
  

  and Treasurer of each of the foregoing corporations

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
  Secretary

  



 


 


13

















 


[SIGNATURE
PAGE 7 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF CONNECTICUT, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF D.C., INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF DELAWARE, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN DEVELOPMENTS OF GEORGIA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN DEVELOPMENTS OF ILLINOIS, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN DEVELOPMENTS OF INDIANA, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN
  DEVELOPMENTS OF KENTUCKY, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN
  DEVELOPMENTS OF MARYLAND, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN
  DEVELOPMENTS OF MICHIGAN, INC. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN
  DEVELOPMENTS OF MINNESOTA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF NEW JERSEY II,

  INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF NEW JERSEY, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF NEW YORK, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF NORTH CAROLINA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF OHIO, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF PENNSYLVANIA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF SOUTH 

  CAROLINA, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF TEXAS, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  DEVELOPMENTS OF WEST VIRGINIA, 

  INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  FORECAST HOMES NORTHERN, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  HOMES OF NORTH CAROLINA, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
  On behalf of, and as Senior Vice-President — Finance
  

  and Treasurer of each of the foregoing corporations

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
  Secretary

  



 


14

















 


[SIGNATURE
PAGE 8 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN
  HOMES OF VIRGINIA, INC. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN PA
  REAL ESTATE, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  PORT IMPERIAL URBAN RENEWAL, 

  INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN PROPERTIES
  OF NORTH BRUNSWICK V, INC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN PROPERTIES OF RED BANK, INC. 

  
	
   

  	
   

  
	
   

  	
  KHC ACQUISITION,
  INC.

  
	
   

  	
   

  
	
   

  	
  LANDARAMA, INC.

  
	
   

  	
   

  
	
   

  	
  M&M AT LONG BRANCH,
  INC.

  
	
   

  	
   

  
	
   

  	
  MCNJ, INC.

  
	
   

  	
   

  
	
   

  	
  SEABROOK ACCUMULATION CORPORATION 

  
	
   

  	
   

  
	
   

  	
  STONEBROOK
  HOMES, INC.

  
	
   

  	
   

  
	
   

  	
  THE
  MATZEL & MUMFORD ORGANIZATION, INC. 

  
	
   

  	
   

  
	
   

  	
  WASHINGTON
  HOMES, INC.

  
	
   

  	
   

  
	
   

  	
  WH LAND I, INC.

  
	
   

  	
   

  
	
   

  	
  WH PROPERTIES, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
  On behalf of, and as Senior Vice-President — Finance
  

  and Treasurer of each of the foregoing corporations

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
  Secretary

  



 


15

















 


[SIGNATURE
PAGE 9 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

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

  
	
   

  	
   

  
	
   

  	
  By: K.

  	
  Hovnanian Developments of D.C., Inc., as the
  sole 

  member of the foregoing limited liability company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  FOUNDERS TITLE AGENCY OF
  MARYLAND, L.L.C.

  
	
   

  	
   

  
	
   

  	
  GREENWAY FARMS UTILITY ASSOCIATES,
  L.L.C.

  
	
   

  	
   

  
	
   

  	
  HOMEBUYERS FINANCIAL SERVICES, L.L.C.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN LAND INVESTMENT
  GROUP OF 

  MARYLAND, L.L.C.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN LAND INVESTMENT GROUP, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT KING FARM,
  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT RODERUCK. L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT WILLOW BROOK, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN COMPANIES OF
  METRO D.C. NORTH, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES AT CAMP
  SPRINGS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES AT CIDER MILL, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By: K.

  	
  Hovnanian Developments of
  Maryland, Inc., as the 

  sole
  member of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


16

















 


[SIGNATURE
PAGE 10 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  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 RENAISSANCE PLAZA, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES AT
  RUSSETT, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES OF
  MARYLAND, 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 ST. MARGARETS LANDING, L.L.C.

  
	
   

  	
   

  
	
   

  	
  RIDGEMORE
  UTILITY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  WASHINGTON HOMES AT
  COLUMBIA TOWN CENTER, L.L.C.

  
	
   

  	
   

  
	
   

  	
  WH/PR LAND COMPANY, LLC

  
	
   

  	
   

  
	
   

  	
  WOODLAND LAKES CONDOS
  AT BOWIE NEWTOWN, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Developments of Maryland, Inc.,

  as the sole member of each of the foregoing 

  limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and

  
	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


17

















 


[SIGNATURE
PAGE 11 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  ALFORD, L.L.C.

  
	
   

  	
   

  
	
   

  	
  DULLES COPPERMINE,
  L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT
  LAKE RIDGE CROSSING, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT
  LAKE TERRAPIN, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN FOUR
  SEASONS @ HISTORIC VIRGINIA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN FRANCUSCUS
  HOMES, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES AT
  CAMERON STATION, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  HOMES AT BELMONT OVERLOOK, 

  L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES AT VICTORIA STATION, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN
  SUMMIT HOLDINGS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S
  FOUR SEASONS AT ASHBURN 

  VILLAGE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S
  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 NEW KENT, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S
  FOUR SEASONS AT VINT HILL, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By: K.

  	
  Hovnanian Developments of
  Virginia, Inc., as the 

  sole member of each
  of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


18

















 


[SIGNATURE
PAGE 12 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  AUDDIE
  ENTERPRISES, L.L.C.

  
	
   

  	
   

  
	
   

  	
  BUILDER SERVICES
  NJ, L.L.C.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN LAND
  INVESTMENT GROUP OF NEW JERSEY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT
  ABERDEEN URBAN RENEWAL, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT
  ALLENDALE, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT
  BARNEGAT I, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT
  BARNEGAT II, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT
  BARNEGAT III, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT BERKELEY, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT
  BERNARDS V, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member
  

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey, 

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II, Inc., as
  member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President —
  Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


19
















 


[SIGNATURE
PAGE 13 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT BLUE HERON PINES, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT BRIDGEWATER I, L.L.C K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT CAMDEN I, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT CEDAR GROVE III, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT CEDAR GROVE IV, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT CHESTER I, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT CHESTERFIELD, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT CHESTERFIELD II, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT CLIFTON II, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT CLIFTON, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT CRANBURY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT CURRIES WOODS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By: K.

  	
  Hovnanian Holdings NJ, L.L.C., as the sole
  member of

  each of the foregoing
  limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


20

















 


[SIGNATURE
PAGE 14 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT DENVILLE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT DEPTFORD TOWNSHIP, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT DOVER, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT EDGEWATER II, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT EDGEWATER, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT EGG HARBOR TOWNSHIP, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT EGG HARBOR TOWNSHIP II, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT ELK TOWNSHIP, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT FIFTH AVENUE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member 

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
						



 


21

















 


[SIGNATURE
PAGE 15 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT FLORENCE I, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT FLORENCE II, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT FOREST MEADOWS, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT FRANKLIN, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT FREEHOLD TOWNSHIP, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT GALLOWAY, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT GREAT NOTCH, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT GUTTENBERG, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT HACKETTSTOWN II, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT HAMBURG CONTRACTORS, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT HAMBURG, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT HAWTHORNE, L.L.C

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


22

















 


[SIGNATURE
PAGE 16 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT HAZLET, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT HILLTOP, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT JACKSON I, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT JACKSON, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN 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 LAFAYETTE ESTATES, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LAWRENCE V, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT LINWOOD, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LITTLE EGG HARBOR TOWNSHIP II, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member 

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


23

















 


[SIGNATURE
PAGE 17 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT LITTLE EGG HARBOR 

  
	
   

  	
   

  
	
   

  	
  CONTRACTORS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LITTLE EGG HARBOR, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LITTLE EGG HARBOR III, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LONG BRANCH I, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT MANALAPAN III, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN 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 IX, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT MARLBORO TOWNSHIP V, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT MARLBORO TOWNSHIP VIII, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member 

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


24

















 


[SIGNATURE
PAGE 18 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT MARLBORO VI, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MARLBORO VII, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MENDHAM TOWNSHIP, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MIDDLE TOWNSHIP, L.L.C. K.

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT MIDDLE TOWNSHIP II, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT MIDDLETOWN II, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT MIDDLETOWN, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MILLVILLE I, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MILLVILLE II, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MILLVILLE III, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MONROE III, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


25

















 


[SIGNATURE
PAGE 19 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT MONROE IV, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MONROE NJ, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MONTVALE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MT. OLIVE TOWNSHIP, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT NEW BRUNSWICK URBAN 

  
	
   

  	
   

  
	
   

  	
  RENEWAL, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT NORTH BERGEN, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT NORTH CALDWELL II, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT NORTH CALDWELL III, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT NORTH CALDWELL, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT NORTH HALEDON, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member 

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


26

















 


[SIGNATURE
PAGE 20 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT NORTH WILDWOOD, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT NORTHFIELD, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT OCEANPORT, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT OLD BRIDGE, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT PARAMUS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT PARSIPPANY-TROY HILLS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT PEAPACK-GLADSTONE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT PITTSGROVE, 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.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member 

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey, 

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


27

















 


[SIGNATURE
PAGE 21 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT PRINCETON LANDING, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT PRINCETON NJ, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT RANDOLPH I, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT READINGTON II, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT RED BANK, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT RIDGEMONT, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT SAYREVILLE, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT SCOTCH PLAINS, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT SMITHVILLE III, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT SOMERS POINT, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member 

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


28

















 


[SIGNATURE
PAGE 22 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  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 SPRINGFIELD, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT TEANECK, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT THE MONARCH, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT TRENTON, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT TRENTON URBAN RENEWAL, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT UNION TOWNSHIP II, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT UPPER FREEHOLD TOWNSHIP II, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT UPPER FREEHOLD TOWNSHIP III, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  
	
   

  	
   

  	
   

  	
   

  	
  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


29
















 


[SIGNATURE PAGE 23 OF 54 TO THE
INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT VERONA URBAN RENEWAL, L.L.C. 

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT WANAQUE, L.L.C. K.
  HOVNANIAN

  AT WARREN TOWNSHIP, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT WASHINGTON, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT WAYNE IX,
  L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT WAYNE VIII, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT WEST MILFORD, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT WEST WINDSOR, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT WILDWOOD BAYSIDE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT WOODHILL ESTATES, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT WOOLWICH I, L.L.C.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  Senior
  Vice-President — Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
						



 


30

















 


[SIGNATURE PAGE 24 OF 54 TO THE
INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN CHESTERFIELD INVESTMENT, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN CLASSICS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN CLASSICS CIP, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HUDSON POINTE INVESTMENTS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES — DFW, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN OF HOUSTON II, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN INVESTMENTS II, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN NORTH CENTRAL ACQUISITIONS, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN NORTH JERSEY ACQUISITIONS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President —
  Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  Secretary

  



 


31

















 


[SIGNATURE PAGE 25 OF 54 TO THE
INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN NORTHEAST SERVICES, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN SHORE ACQUISITIONS, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN SOUTHERN NEW JERSEY, L.LC.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN SOUTH JERSEY ACQUISITIONS, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN VENTURE I, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S PRIVATE HOME PORTFOLIO, L.L.C.

  TERRAPIN REALTY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  KHIP, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the sole member

  of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President —
  Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  Secretary

  



 


32

















 


[SIGNATURE PAGE 26 OF 54 TO THE
INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

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

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., as the managing

  member of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  Senior Vice-President — Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  Senior Vice-President —
  Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  Secretary

  



 


33

















 


[SIGNATURE PAGE 27 OF 54 TO THE
INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  HUDSON POINTE JOINT DEVELOPMENT, L.L.C.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Hudson Pointe Investments, L.L.C., its

  sole member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., its sole

  member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New

  Jersey, Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance

  and Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  Secretary

  



 


34

















 


[SIGNATURE
PAGE 28 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

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

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Hudson Pointe Joint Development, L.L.C., its sole

  member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Hudson Pointe Investments,

  L.L.C., its sole member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., its

  sole member

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  K.
  Hovnanian Developments of

  New Jersey, Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance

  and Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  Secretary

  



 


35

















 


[SIGNATURE PAGE 29 OF 54 TO THE
INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  PARK TITLE COMPANY, L.L.C.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian of Houston II, L.L.C., its sole member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., its sole

  member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New

  Jersey, Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance

  and Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  Secretary

  



 


36

















 


[SIGNATURE PAGE 30 OF 54 TO THE
INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  PI INVESTMENTS II, L.L.C.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Investments II, L.L.C., its sole member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., its sole

  member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New

  Jersey, Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance

  and Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  Secretary

  



 


37

















 


[SIGNATURE
PAGE 31 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  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.

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  PI Investments II, L.L.C., its sole member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Investments II, L.L.C., its sole

  member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  K. Hovnanian Holdings NJ, L.L.C., its

  sole member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  New Jersey, Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance

  and Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K. Hovnanian Developments of New Jersey II,

  Inc., as member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  Secretary

  



 


38

















 


[SIGNATURE PAGE 32 OF 54 TO THE
INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  HOVNANIAN LAND INVESTMENT GROUP OF

  CALIFORNIA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT 3 CHAPMAN, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT 4S, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT
  ACQUA VISTA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT
  ALISO, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT ARBOR HEIGHTS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT AVENUE ONE,
  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT BELLA LAGO,
  L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT BRIDLEWOOD,
  L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT CAPISTRANO, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT CARMEL VILLAGE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT CIELO, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT COASTLINE,
  L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT CORTEZ HILL, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT EASTLAKE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT ENCINITAS RANCH, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT EVERGREEN, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT HIGHWATER,
  L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT LA COSTA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LA COSTA GREENS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian Developments of California, Inc.,
  as the

  sole member of each of the foregoing limited liability

  companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


39
















 


[SIGNATURE
PAGE 33 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT LA HABRA KNOLLS, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LAKE HILLS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LAKE RANCHO VIEJO, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MATSU, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MENIFEE,
  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MOCKINGBIRD CANYON, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT MOSAIC, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT OLDE ORCHARD, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT ORANGE HEIGHTS, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT PACIFIC BLUFFS, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT PARK LANE, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT PIAZZA D’ORO, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT PRADO, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT RANCHO SANTA MARGARITA, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT RIVERBEND,
  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT ROSEMARY LATANA, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT ROWLAND HEIGHTS, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT SAGE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT SKYE ISLE,
  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT SUNSETS,
  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT THE
  CROSBY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of California, Inc., as the 

  sole member of each of the foregoing limited liability 

  companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


40

















 


[SIGNATURE
PAGE 34 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT THE GABLES, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT THE PRESERVE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT THOMPSON RANCH, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT TRAIL RIDGE, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT WINCHESTER, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN INTERNATIONAL, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN T&C
  MANAGEMENT CO., L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S FOUR
  SEASONS AT BAKERSFIELD, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S FOUR
  SEASONS AT BEAUMONT, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S FOUR
  SEASONS AT HEMET, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S FOUR SEASONS AT MENIFEE 

  VALLEY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S FOUR
  SEASONS AT PALM SPRINGS, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S FOUR
  SEASONS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S PARKSIDE AT TOWNGATE, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  NATOMAS CENTRAL NEIGHBORHOOD HOUSING, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of California, Inc., as the 

  sole member of each of the foregoing limited liability 

  companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


41

















 


[SIGNATURE
PAGE 35 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN HOLDINGS NJ, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of New Jersey, Inc., as 

  member of the foregoing limited liability company.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President —
  Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of New Jersey II, Inc., as member of the
  foregoing limited liability company.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President —
  Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart 

  Secretary

  
					



 


42

















 


[SIGNATURE
PAGE 36 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  BUILDER SERVICES, PA,
  L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT
  ALLENBERRY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT ALLENTOWN,
  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT BROAD AND WALNUT, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT CAMPHILL, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K HOVNANIAN AT EAST BRANDYWINE, L.L.C. K 

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LOWER
  MACUNGIE TOWNSHIP I, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LOWER
  MACUNGIE TOWNSHIP II, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LOWER
  MAKEFIELD TOWNSHIP I, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT LOWER MORELAND I, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT LOWER MORELAND II, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT LOWER MORELAND III, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT MACUNGIE, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN AT NORTHAMPTON, L.L.C. K. 

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN 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 RAPHO, L.L.C.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Companies of Pennsylvania, Inc., as the 

  sole member of each of the foregoing limited liability 

  companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


43

















 


[SIGNATURE
PAGE 37 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT SILVER
  SPRING, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT UPPER UWCHLAN II, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT UPPER UWCHLAN, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT WEST BRADFORD, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN PENNSYLVANIA
  ACQUISITIONS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN SUMMIT HOMES
  OF PENNSYLVANIA, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  MIDWEST BUILDING PRODUCTS & CONTRACTOR 

  SERVICES OF PENNSYLVANIA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  RIDGEMORE UTILITY ASSOCIATES OF 

  PENNSYLVANIA, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Companies of Pennsylvania, Inc., as the 

  sole member of each of the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart 

  Secretary

  



 


44

















 


[SIGNATURE
PAGE 38 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  HOVNANIAN LAND INVESTMENT GROUP OF FLORIDA, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN CAMBRIDGE HOMES, L.L.C. 



  
	
   

  	
  K. HOVNANIAN FIRST HOMES, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN FLORIDA REALTY, L.L.C. K. 



  
	
   

  	
  HOVNANIAN STANDING ENTITY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN T&C HOMES AT FLORIDA, L.L.C. 



  
	
   

  	
  K. HOVNANIAN WINDWARD HOMES, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Hovnanian
  Developments of Florida, Inc., as the sole 

  member of each of the foregoing limited liability 

  companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


45

















 


[SIGNATURE
PAGE 39 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN COMPANIES, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Enterprises, Inc., as member of the 

  foregoing limited liability company.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President —
  Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  AND

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of New Jersey II, Inc., as 

  member of the foregoing limited liability company.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President —
  Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart 

  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  K.
  HOVNANIAN EASTERN PENNSYLVANIA, L.L.C.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian at Perkiomen II, Inc., as the sole member 

  of the foregoing limited liability company.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President —
  Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


46

















 


[SIGNATURE
PAGE 40 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN CRAFTBUILT HOMES OF SOUTH 

  CAROLINA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN FOUR SEASONS AT GOLD HILL, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES OF SOUTH CAROLINA, L.L.C.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of South Carolina, Inc., as 

  the sole member of each of the foregoing limited liability 

  companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart 

  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  K. HOVNANIAN GREAT WESTERN BUILDING 

  COMPANY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN GREAT WESTERN HOMES, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  NEW
  LAND TITLE AGENCY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of Arizona, Inc., as the sole member of each of the foregoing limited
  liability

  companies.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


47

















 


[SIGNATURE
PAGE 41 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT HIGHLAND SHORES, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT RIDGESTONE, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S FOUR SEASONS AT RUSH CREEK, 

  L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN T&C HOMES AT MINNESOTA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of Minnesota, Inc., as the 

  sole member of each of the foregoing limited liability 

  companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart 

  Secretary

  



 


48

















 


[SIGNATURE
PAGE 42 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN OHIO REALTY, L.L.C. 

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  HOVNANIAN SUMMIT HOMES, L.L.C.

  
	
   

  	
   

  
	
   

  	
  MIDWEST BUILDING PRODUCTS & CONTRACTOR 

  SERVICES, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of Ohio, Inc., as the sole 

  member of each of the foregoing limited liability 

  companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart 

  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  MILLENNIUM
  TITLE AGENCY, LTD.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Oster Homes, L.L.C., its sole member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K.
  Hovnanian Developments of Ohio, Inc., as 

  member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and 

  Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
						



 


49
















 


[SIGNATURE
PAGE 43 OF 54 TO THE INTELLECTUAL PROPERTY SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN HOMES OF WEST VIRGINIA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S FOUR SEASONS AT HUNTFIELD, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN SUMMIT HOMES OF WEST VIRGINIA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  MIDWEST BUILDING PRODUCTS & CONTRACTOR SERVICES OF WEST
  VIRGINIA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of West Virginia, Inc., as the sole member of each of
  the foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  K. HOVNANIAN SUMMIT HOMES OF MICHIGAN, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of Michigan, Inc., as the sole member of the foregoing
  limited liability company.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


50

















 


[SIGNATURE PAGE 44 OF 54 TO THE INTELLECTUAL PROPERTY
SECURITY AGREEMENT]


 


	
   

  	
  M&M AT CHESTERFIELD,
  L.L.C.

  
	
   

  	
   

  
	
   

  	
  M&M AT APPLE RIDGE,
  L.L.C.

  
	
   

  	
   

  
	
   

  	
  M&M AT EAST MILL, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  M&M AT SHERIDAN,
  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 THE HIGHLANDS,
  L.L.C.

  
	
   

  	
   

  
	
   

  	
  MATZEL & MUMFORD AT EGG HARBOR, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  THE LANDINGS AT SPINNAKER POINTE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  The
  Matzel & Mumford Organization, Inc., as the sole member of each of the
  foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


51

















 


[SIGNATURE PAGE 45 OF 54 TO THE INTELLECTUAL PROPERTY
SECURITY AGREEMENT]


 


	
   

  	
  M & M AT COPPER BEECH, L.L.C.

  
	
   

  	
   

  
	
   

  	
  M & M AT CRESCENT COURT, L.L.C.

  
	
   

  	
   

  
	
   

  	
  M&M AT EAST RUTHERFORD, L.L.C.

  
	
   

  	
   

  
	
   

  	
  M&M AT KENSINGTON WOODS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  M & M AT STATION SQUARE, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  M&M AT THE CHATEAU, L.LC.

  
	
   

  	
   

  
	
   

  	
  M&M AT WEST ORANGE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  M&M AT WESTPORT, L.L.C.

  
	
   

  	
   

  
	
   

  	
  M&M AT WHEATENA URBAN RENEWAL, L.L.C.

  
	
   

  	
   

  
	
   

  	
  MATZEL & MUMFORD AT SOUTH BOUND BROOK URBAN RENEWAL, L.L.C.

  
	
   

  	
   

  
	
   

  	
  MMIP, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  M&M
  Investments, L.P., as the sole member of each of the foregoing limited
  liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


52

















 


[SIGNATURE PAGE 46 OF 54 TO THE INTELLECTUAL PROPERTY
SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN HOMES AT FAIRWOOD, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES AT JONES STATION 1, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES AT JONES STATION 2, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES AT MAXWELL PLACE. L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES AT PRIMERA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  PADDOCKS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  PINE AYR, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Homes of Maryland, L.L.C., as the sole member of each of the
  foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Homes - DFW, L.L.C., as the sole

  member of the foregoing limited liability company.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K.
  Hovnanian Holdings NJ, L.L.C., as the sole member of the foregoing limited
  liability company.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


53

















 


[SIGNATURE PAGE 47 OF 54 TO THE INTELLECTUAL PROPERTY
SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT NEW WINDSOR, L.L.C.

  
	
   

  	
   

  
	
   

  	
  BUILDER SERVICES NY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S FOUR SEASONS AT HAMPTONBURGH, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian at Northern Westchester, Inc., as the sole member of each of the
  foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  K. HOVNANIAN DELAWARE ACQUISITIONS, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN HOMES AT NASSAU GROVE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of Delaware, Inc., as the sole member of the foregoing
  limited liability company.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


54

















 


[SIGNATURE PAGE 48 OF 54 TO THE INTELLECTUAL PROPERTY
SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN AT MENIFEE VALLEY

  CONDOMINIUMS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian’s Four Seasons At Menifee Valley, L.L.C.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  HOVNANIAN LAND INVESTMENT GROUP OF NORTH CAROLINA, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of North Carolina, Inc., as the sole member of the
  foregoing limited liability company.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


55

















 


[SIGNATURE PAGE 49 OF 54 TO THE INTELLECTUAL PROPERTY
SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN’S FOUR SEASONS AT BAILEY’S GLENN, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S FOUR SEASONS AT OLDE LIBERTY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  K. HOVNANIAN’S FOUR SEASONS AT RENAISSANCE, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Homes of North Carolina, Inc. as the sole member of the foregoing
  limited liability companies

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


56

















 


[SIGNATURE PAGE 50 OF 54 TO THE INTELLECTUAL PROPERTY
SECURITY AGREEMENT]


 


	
   

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

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of Indiana, Inc., as the sole member of the foregoing
  limited liability company.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  K. HOVNANIAN SUMMIT HOMES OF KENTUCKY, L.L.C.

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of Kentucky, Inc., as the sole member of the foregoing
  limited liability

  companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


57

















 


[SIGNATURE PAGE 51 OF 54 TO THE INTELLECTUAL PROPERTY
SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN CONNECTICUT ACQUISITIONS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of Connecticut, Inc., as the sole member of the
  foregoing limited liability company.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  K. HOVNANIAN T&C HOMES AT ILLINOIS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of Illinois, Inc., as the sole member of the foregoing
  limited liability company.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

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

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian Developments of Georgia, Inc., as the sole member of each of the
  foregoing limited liability companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


58

















 


[SIGNATURE PAGE 52 OF 54 TO THE INTELLECTUAL PROPERTY
SECURITY AGREEMENT]


 


	
   

  	
  WESTMINSTER HOMES OF ALABAMA, L.L.C. 

  
	
   

  	
   

  
	
   

  	
  WESTMINSTER HOMES OF MISSISSIPPI, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Washington
  Homes, Inc., as sole member of each of the foregoing limited liability
  companies.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  K. HOVNANIAN AT EWING, L.L.C.

  
	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  K.
  Hovnanian at Lakewood, Inc., as sole member of the foregoing limited
  liability company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  



 


59

















 


[SIGNATURE PAGE 53 OF 54 TO THE INTELLECTUAL PROPERTY
SECURITY AGREEMENT]


 


	
   

  	
  K. HOVNANIAN POLAND, SP. Z.O.O.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Hovnanian
  Enterprises, Inc., as member.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  AND

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K.
  Hovnanian International, Inc., as member.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  



 


60

















 


[SIGNATURE PAGE 54 OF 54 TO THE INTELLECTUAL PROPERTY
SECURITY AGREEMENT]


 


	
   

  	
  M&M INVESTMENTS, L.P.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  The
  Matzel & Mumford Organization, Inc., as general partner of the foregoing
  limited partnership.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Kevin
  C. Hake

  
	
   

  	
   

  	
  Senior Vice-President — Finance and Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  	
  Peter
  S. Reinhart

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Address for Notices for each of the foregoing Debtors:

  
	
   

  	
   

  
	
   

  	
  c/o K. Hovnanian Enterprises, Inc. 110

  
	
   

  	
  West Front St., P.O. Box 500 Red Bank, NJ

  
	
   

  	
  07701

  
	
   

  	
  Attention: Kevin C. Hake

  
	
   

  	
  Telephone: (732) 747-7800

  
	
   

  	
  Telecopy: (732) 747-6835

  
					



 

















 


SCHEDULE A


TO


INTELLECTUAL PROPERTY
SECURITY AGREEMENT


 


LIST OF REGISTERED PATENTS,
TRADEMARKS AND COPYRIGHTS


 


1.                                       Registered Patents: 
None.


 


2.                                       Trademarks:  See Attached.


 


3.                                       Copyrights:  None.