Exhibit 10.10


 


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 Deutsche Bank National Trust Company, as Collateral Agent (in such
capacity, the “Agent”) for the benefit of itself, the Trustee (as
defined below) and the Noteholders (as defined below).


 


WHEREAS, pursuant to the Seventh Amended and
Restated Credit Agreement, dated as of March 7, 2008 (as amended,
restated, supplemented or otherwise modified from time to time, the “Credit
Agreement”) among K. Hovnanian Enterprises, Inc., a California
corporation (the “Issuer”), Hovnanian Enterprises, Inc., a Delaware
corporation (“Hovnanian”), the Lenders now or hereafter party thereto
(the “Lenders”), and PNC Bank National Association, as administrative
agent (the “Administrative Agent”), the Lenders have provided certain
loans and other financial accommodations to the Issuer;


 


WHEREAS, the Issuer, Hovnanian and each of
the other Guarantors (as defined in the Secured Note Indenture) have entered
into the Indenture, dated as of May 27, 2008 (as amended, supplemented,
amended and restated or otherwise modified from time to time, the “Secured
Note Indenture”) with Deutsche Bank National Trust Company as trustee (in
such capacity, the “Trustee”),
pursuant to which the Issuer issued 11 1/2 % Senior Secured Notes due 2013 (collectively, the “Secured
Notes”);


 


WHEREAS, the Issuer, Hovnanian, certain subsidiaries of Hovnanian party
thereto, PNC Bank, National Association, as Senior Credit Agent, the Trustee
and Wilmington Trust Company, as Mortgage Tax Collateral Agent have entered
into the Intercreditor Agreement, dated as of May 27, 2008 (as amended,
supplemented, amended or restated or otherwise modified from time to time, the “Intercreditor Agreement”);


 


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


 


WHEREAS, the proceeds of the issuance of
Secured Notes under the Secured Note Indenture will be used in part to enable
the Issuer to make valuable transfers to one or more of the other Pledgors in
connection with the operation of their respective businesses;


 


WHEREAS, the Issuer and the other Pledgors are engaged in related
businesses, and each Pledgor will derive substantial direct and indirect
benefit from the issuance of the Secured Notes;


 


WHEREAS, pursuant to and under the Secured Note Indenture and the
Second Lien Security Agreement dated as of May 27, 2008 (the “Security
Agreement”) among the parties hereto, the Issuer 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 Security Agreement and (ii) the 


 

















 


rules of construction set forth in Section 1.02
of the Secured Note Indenture shall apply to this Agreement.  Where applicable and except as otherwise
expressly provided herein, in the Secured Note Indenture or the Intercreditor
Agreement, 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)           “Noteholder” means the “Holder” or “Holder of Notes” as defined
in the Secured Note Indenture.


 


(f)            “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.


 


(g)           “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.


 


(h)           “Secured Obligations” shall mean and include the following: all
now existing and hereafter arising Second Priority Lien Obligations (as defined
in the Secured Note Indenture) of the Issuer and every other Pledgor, together
with any extensions, renewals, replacements or refundings thereof, and all
costs and expenses of enforcement and collection, including reasonable attorney’s
fees.


 


(i)            “Secured Parties” shall mean the
collective reference to the Agent, the Trustee and the Noteholders, in each
case to which any Secured Obligations are owed.


 


(j)            “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 


 


2

















 


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.


 


(k)           “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.             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 Pledgor acknowledges that such interest
in such trademark or service mark applications will become part of the
Collateral.  The Agent agrees that, at
any Pledgor’s reasonable request and expense, it will provide such Pledgor
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 Secured Note Indenture (the “Permitted
Encumbrances”).  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 with respect to
Permitted Encumbrances;


 


(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


 


3

















 


(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. 
Subject to the Intercreditor Agreement, 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, 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.             Prior to the Discharge of Senior Lender
Claims, each Pledgor, if requested to do so with respect to the Senior Lender
Claims by the Administrative Agent pursuant to Section 4.4 of the First
Lien Security Agreement, shall execute and deliver to Agent, and have recorded,
any and all agreements, instruments, documents, and papers to evidence the
Agent’s and the other Secured Parties’ second lien security interest in any
Copyright, Patent or Trademark and the goodwill and General Intangibles of such
Pledgor relating thereto or represented thereby.  On and after the Discharge of Senior Lender
Claims, such Pledgor shall promptly execute and deliver, and have recorded, any
and all agreements, instruments, documents, and papers as may be necessary to
create and perfect 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, 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.             Subject to the Intercreditor Agreement, 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 Security Agreement and
the Secured Note Indenture, 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 and subject to the Intercreditor Agreement, 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 


 


4

















 


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, subject to the Intercreditor Agreement, 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 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 Issuer 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.


 


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 Secured Note Indenture or other Noteholder
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
Secured Note Indenture 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 Noteholder 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
Noteholder 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 Secured Party 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 NOTEHOLDER 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 13.03 of the
Secured Note Indenture.


 


20.           Each Pledgor acknowledges and agrees that, in addition to the other
rights of the Agent hereunder and under the other Noteholder 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 


 


6

















 


and 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.


 


21.           Notwithstanding anything herein to the contrary, the lien and security
interest granted to the Secured Party pursuant to this Agreement and the
exercise of any right or remedy by the Secured Party hereunder are subject to
the provisions of the Intercreditor Agreement. 
In the event of any conflict between the terms of the Intercreditor
Agreement and this Agreement, the terms of the Intercreditor Agreement shall
govern.


 


 


[SIGNATURES APPEAR ON FOLLOWING PAGE]


 


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


 


IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed by their respective officers or agents thereunto duly authorized, as
of the date first above written.


 


8

















 


	
   

  	
  DEUTSCHE BANK NATIONAL TRUST

  COMPANY, as Agent

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  



 


9

















 


	
   

  	
  By:

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  



 


10
















 


[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

  
				



 


11

















 


[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

  



 


12

















 


[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

  



 


13

















 


[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

  



 


14

















 


[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

  



 


15

















 


[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

  



 


16

















 


[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

  



 


17

















 


[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

  
					



 


18

















 


[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

  



 


19

















 


[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

  



 


20
















 


[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

  



 


21

















 


[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

  



 


22

















 


[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

  



 


23

















 


[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

  



 


24

















 


[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

  



 


25

















 


[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

  



 


26

















 


[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

  



 


27

















 


[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

  



 


28

















 


[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

  



 


29

















 


[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

  



 


30
















 


[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

  



 


31

















 


[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

  



 


32

















 


[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

  



 


33

















 


[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

  



 


34

















 


[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

  



 


35

















 


[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

  



 


36

















 


[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

  
									



 


37

















 


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


 


	
   

  	
  PARK TITLE COMPANY, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  K. Hovnanian 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

  



 


38

















 


[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

  
							



 


39

















 


[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

  
							



 


40
















 


[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

  



 


41

















 


[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

  



 


42

















 


[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

  



 


43

















 


[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

  



 


44

















 


[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

  



 


45

















 


[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

  



 


46

















 


[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

  



 


47

















 


[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

  



 


48

















 


[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

  



 


49

















 


[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

  



 


50
















 


[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

  



 


51

















 


[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

  



 


52

















 


[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

  



 


53

















 


[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

  



 


54

















 


[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

  
						



 


55

















 


[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

  



 


56

















 


[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

  



 


57

















 


[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

  



 


58
















 


[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

  



 


59

















 


[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

  



 


60

















 


[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

  



 


61

















 


[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

  



 


62

















 


[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.