**Exhibit 99.1**

 

**JOHN DEERE CAPITAL CORPORATION**

**OFFICERS’ CERTIFICATE**

**PURSUANT TO SECTION 4.10(a)**

**OF THE SALE AND SERVICING AGREEMENT**

**AND SECTION 3(c) OF THE UNDERWRITINGAGREEMENT**

 

We, Charles G. Dahl and Robert E. Larson, VicePresident and Controller, and Assistant Secretary, respectively, of John DeereCapital Corporation, a Delaware corporation (the “Company”), hereby certify forthe period from May 26, 2005 to October 31, 2005, that (i) areview has been made under the supervision of each of us of the activities andof the performance of the Company, as Servicer under the Sale and ServicingAgreement dated as of May 15, 2005 among U.S. Bank Trust NationalAssociation as Owner Trustee for the John Deere Owner Trust 2005, John DeereReceivables, Inc. and the Company (the “Agreement”) and attached as Exhibit Ahereto is a year-end statement as of October 31, 2005 and (ii) to thebest of the knowledge of each of us, based on such review, the Company hasfulfilled in all material respects all its obligations under the Agreementthroughout such period.

 

Dated at Moline, Illinois this 24th day of January,2006.

 

 
|   | /s/ Charles G.  Dahl           |   |
|--------|--------------------------------|--------|
|   | Charles G. Dahl                |
|   | Vice President  and Controller |
|   |                           |
|   |                           |
|   | /s/ Robert E.  Larson          |   |
|   | Robert E. Larson               |
|   | Assistant  Secretary           |

 

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| **John  Deere Owner Trust 2005**                                                             | ** ** | **EXHIBIT A** |
|----------------------------------------------------------------------------------------------|------------|--------------------|
| **Fiscal  Year Ended 31 October 2005 Statement (Unaudited)**                            | ** ** |               |
| ** **                                                                                   | ** ** | ** **         |
| $183,900,000   Class A-1  3.396% Asset Backed Notes due June 15, 2006    | ** ** | ** **         |
| $169,000,000   Class A-2  3.79% Asset Backed Notes due December 17, 2007 | ** ** | ** **         |
| $215,000,000   Class A-3  3.98% Asset Backed Notes due June 15, 2009     | ** ** | ** **         |
| $172,600,000   Class A-4  4.16% Asset Backed Notes due May 15, 2012      | ** ** | ** **         |
|     $11,275,240   Asset Backed Certificates                         | ** ** | ** **         |

 
| (1)  Amount  of principal being paid or distributed during the Fiscal Year: |   |                                  |   |
|----------------------------------------------------------------------------------|--------|---------------------------------------|--------|
|                                                                             |   |                                  |   |   |   |   |
|                                                                             | (a)    | A-1 Notes:                            |   | $ | 101,644,934.41 |   |
|                                                                             |   | per $1,000 original principal amount: |   | $ | 552.72 |   |
|                                                                             |   |                                  |   |   |   |   |
|                                                                             | (b)    | A-2 Notes:                            |   | $ | 0.00 |   |
|                                                                             |   | per $1,000 original principal amount: |   | $ | 0.00 |   |
|                                                                             |   |                                  |   |   |   |   |
|                                                                             | (c)    | A-3 Notes:                            |   | $ | 0.00 |   |
|                                                                             |   | per $1,000 original principal amount: |   | $ | 0.00 |   |
|                                                                             |   |                                  |   |   |   |   |
|                                                                             | (d)    | A-4 Notes:                            |   | $ | 0.00 |   |
|                                                                             |   | per $1,000 original principal amount: |   | $ | 0.00 |   |
|                                                                             |   |                                  |   |   |   |   |
|                                                                             | (e)    | Total                                 |   | $ | 101,644,934.41 |   |
|                                                                             |   |                                  |   |   |   |   |
| (2) Amount of interest being paid or  distributed during the Fiscal Year:   |   |                                  |   |
|                                                                             |   |                                  |   |   |   |   |
|                                                                             | (a)    | A-1 Notes:                            |   | $ | 2,268,952.35 |   |
|                                                                             |   | per $1,000 original principal amount: |   | $ | 12.34 |   |
|                                                                             |   |                                  |   |   |   |   |
|                                                                             | (b)    | A-2 Notes:                            |   | $ | 3,006,838.59 |   |
|                                                                             |   | per $1,000 original principal amount: |   | $ | 17.79 |   |
|                                                                             |   |                                  |   |   |   |   |
|                                                                             | (c)    | A-3 Notes:                            |   | $ | 4,017,036.09 |   |
|                                                                             |   | per $1,000 original principal amount: |   | $ | 18.68 |   |
|                                                                             |   |                                  |   |   |   |   |
|                                                                             | (d)    | A-4 Notes:                            |   | $ | 3,370,686.24 |   |
|                                                                             |   | per $1,000 original principal amount: |   | $ | 19.53 |   |
|                                                                             |   |                                  |   |   |   |   |
|                                                                             | (e)    | Total                                 |   | $ | 12,663,513.27 |   |

 

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| (3)  After giving effect to distributions,  Outstanding Principal at end of Fiscal Year:                                         |                                                     |   |                                       |
|---------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------|--------|--------------------------------------------|
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
|                                                                                                                                  | (a)                                                      | (i)    | outstanding principal amount of A-1 Notes: |   | $ | 82,255,065.59 |   |
|                                                                                                                                  |                                                     | (ii)   | A-1 Note Pool Factor:                      |   | $ | 0.45 |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
|                                                                                                                                  | (b)                                                      | (i)    | outstanding principal amount of A-2 Notes: |   | $ | 169,000,000.00 |   |
|                                                                                                                                  |                                                     | (ii)   | A-2 Note Pool Factor:                      |   | $ | 1.00 |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
|                                                                                                                                  | (c)                                                      | (i)    | outstanding principal amount of A-3 Notes: |   | $ | 215,000,000.00 |   |
|                                                                                                                                  |                                                     | (ii)   | A-3 Note Pool Factor:                      |   | $ | 1.00 |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
|                                                                                                                                  | (d)                                                      | (i)    | outstanding principal amount of A-4 Notes: |   | $ | 172,600,000.00 |   |
|                                                                                                                                  |                                                     | (ii)   | A-4 Note Pool Factor:                      |   | $ | 1.00 |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
|                                                                                                                                  | (e)                                                      | (i)    | Certificate Balance                        |   | $ | 11,275,240.00 |   |
|                                                                                                                                  |                                                     | (ii)   | Certificate Pool Factor:                   |   | $ | 1.00 |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (4) Note Value at the end of Fiscal Year                                                                                         |                                                     | $      | 650,130,305.28                             |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (5) Pool Balance (excluding accrued interest)  at the end of Fiscal Year                                                         |                                                     | $      | 643,793,711.72                             |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (6) Pool Face Amount at the end of Fiscal Year                                                                                   |                                                     | $      | 731,448,137.42                             |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (7)                                                                                                                                   |   Amount of Servicing Fee paid during Fiscal  Year: |   | $                                          | 3,527,511.81 |   |
|                                                                                                                                  | per $1,000 original principal amount:                    |   | $                                          | 4.69 |   |
|                                                                                                                                  | Amount of Servicing Fee earned:                          |   | $                                          | 3,527,511.81 |   |
|                                                                                                                                  | Amount of Servicing Fee paid:                            |   | $                                          | 3,527,511.81 |   |
|                                                                                                                                  | Amount of Servicing Fee shortfall:                       |   | $                                          | 0.00 |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (8)  Amount of Administration Fee paid during  Fiscal Year:                                                                      |                                                     | $      | 600.00                                     |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (9)  Aggregate Purchased Receivables for Fiscal  Year:                                                                           |                                                     | $      | 0.00                                       |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (10)  Amount in Reserve Account at end of  Fiscal Year                                                                           |                                                     | $      | 13,156,067.00                              |   |
|                                                                                                                                  | Specified Reserve Account Balance:                       |   | $                                          | 13,156,067.00 |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (11) Scheduled Payments of Receivables 60 days or  more past due at the end of the Fiscal Year:                                       |                                                     | $      | 466,756.00                                 |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (12) Scheduled  Payments of Receivables 60 days or more past due as a% of Pool Balance at the  end of the Fiscal Year:                |                                                     | 0.07   | %                                          |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (13) Rolling  three month 60 days or more past due as a % of Pool Balance (Average  Delinquency Ratio) at the end of the Fiscal Year: |                                                     | 0.07   | %                                          |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (14) Face Amount of Receivables 60 days or more past  due at the end of the Fiscal Year:                                              |                                                     | $      | 6,986,812.00                               |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (15) Face Amount  of Receivables 60 days or more past due as a % of the Pool Face Amount at the  end of the Fiscal Year:              |                                                     | 0.96   | %                                          |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (16) Aggregate amount of net losses at the end of  the Fiscal Year:                                                                   |                                                     | $      | 79,219.36                                  |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (17) Aggregate amount of net losses since 26-May-05                                                                                   |                                                     | $      | 79,219.36                                  |   |
|                                                                                                                                  |                                                     |   |                                       |   |   |   |
| (18) Cumulative  net loss as a percent of Initial Pool Balance (Cumulative Net Loss Ratio) at  end of the Fiscal Year:                |                                                     | 0.01   | %                                          |
|                                                                                                                                       |                                                          |        |                                            |  |  |  |  |  |  |

 

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