John Deere Owner Trust 2004

Servicer’s Certificate

$205,000,000 Class A-1 1.14% Asset Backed Notes due May 13, 2005

$186,000,000 Class A-2 1.68% Asset Backed Notes due November 15, 2006

$185,000,000 Class A-3 2.32% Asset Backed Notes due December 17, 2007

$158,280,000 Class A-4 3.02% Asset Backed Notes due March 15, 2011

$ 18,930,000 Class B 2.90% Asset Backed Notes due March 15, 2011

$ 3,778,476 Asset Backed Certificates

Payment Date:		15-Feb-05

(1) Servicing Fee:		$	477,373.99
	Servicing Fee earned:	$	0.00
	Servicing Fee paid:	$	477,373.99
	Servicing Fee shortfall:	$	0.00

(2) Administration Fee:		$	100.00
	Administration Fee Shortfall:	$	0.00

(3) Total Distribution Amount:		$	33,291,732.17

(4) Noteholders’ Interest Distributable Amount applicable to A-1 Notes:		$	25,455.96
	Noteholders’ Interest Carryover Shortfall applicable to A-1 Notes:	$	0.00

(5) Noteholders’ Interest Distributable Amount applicable to A-2 Notes:		$	260,400.00
	Noteholders’ Interest Carryover Shortfall applicable to A-2 Notes:	$	0.00

(6) Noteholders’ Interest Distributable Amount applicable to A-3 Notes:		$	357,666.67
	Noteholders’ Interest Carryover Shortfall applicable to A-3 Notes:	$	0.00

(7) Noteholders’ Interest Distributable Amount applicable to A-4 Notes:		$	398,338.00
	Noteholders’ Interest Carryover Shortfall applicable to A-4 Notes:	$	0.00

(8) Noteholders’ Interest Distributable Amount applicable to B Notes:		$	45,747.50
	Noteholders’ Interest Carryover Shortfall applicable to B Notes:	$	0.00

(9) Noteholders’ Interest Distributable Amount deposited into Note Distribution Account:		$	1,087,608.13
	Noteholders’ Interest Carryover Shortfall:	$	0.00

(10) A-1 Noteholders’ Monthly Principal Distributable Amount:		$	28,709,732.92
	% of Principal Distribution Amount applicable to A-1 Noteholders:	92.82		%
	A-1 Noteholders’ Principal Carryover Shortfall:	$	0.00
	A-1 Noteholders’ Principal Distributable Amount:	$	28,709,732.92

(11) A-2 Noteholders’ Monthly Principal Distributable Amount:		$	2,143,949.96
	% of Principal Distribution Amount applicable to A-2 Noteholders:	6.93		%
	A-2 Noteholders’ Principal Carryover Shortfall:	$	0.00
	A-2 Noteholders’ Principal Distributable Amount:	$	2,143,949.96

(12) A-3 Noteholders’ Monthly Principal Distributable Amount:		$	0.00
	% of Principal Distribution Amount applicable to A-3 Noteholders:	0.00		%
	A-3 Noteholders’ Principal Carryover Shortfall:	$	0.00
	A-3 Noteholders’ Principal Distributable Amount:	$	0.00

(13) A-4 Noteholders’ Monthly Principal Distributable Amount:		$	0.00
	% of Principal Distribution Amount applicable to A-4 Noteholders:	0.00		%
	A-4 Noteholders’ Principal Carryover Shortfall:	$	0.00
	A-4 Noteholders’ Principal Distributable Amount:	$	0.00

(14) B Noteholders’ Monthly Principal Distributable Amount:		$	76,136.06
	% of Principal Distribution Amount applicable to B Noteholders:	0.25		%
	B Noteholders’ Principal Carryover Shortfall:	$	0.00
	B Noteholders’ Principal Distributable Amount:	$	76,136.06

(15) Noteholders’ Principal Distribution Amount deposited into Note Distribution Account:		$	30,929,818.94
	Noteholders’ Principal Carryover Shortfall:	$	0.00

(16) Noteholders’ Distributable Amount:		$	32,017,427.07

(17) Amount to be withdrawn from the Reserve Account and deposited into Note Distribution Account:		$	0.00
	Interest Amount included above:	$	0.00
	Principal Amount included above:	$	0.00

(18) Deposit to Reserve Account from Collection Account to increase the amount
	on deposit in the Reserve Account to the Specified Reserve Account Balance:	$	0.00

(19) Certificateholders’ Interest Distributable Amount:		$	0.00
	Certificateholders’ Interest Carryover Shortfall:	$	0.00

(20) Certificateholders’ Principal Distributable Amount applicable to current period		$	0.00
	% of Principal Distribution Amount applicable to Certificate holders	0.00		%
	Certificateholders’ Principal Carryover Shortfall:	$	0.00
	Certificateholders’ Principal Distributable Amount:	$	0.00

(21) Certificateholders’ Distributable Amount:		$	0.00

(22) Deposit to Reserve Account (from excess collections):		$	796,831.11

(23) Specified Reserve Account Balance (after all distributions and adjustments) :		$	13,247,299.00

(24) Reserve Account Balance over the Specified Reserve Account Balance
	(before any distribution of excess):	$	14,044,130.11

(25) Excess Reserve Account Balance Distributable to Seller (5.05(b)(i) or (ii)):		$	796,831.11

(26) Note Value as of the end of the related Collection Period		$	549,768,389.99

(27) Pool Balance (excluding Accrued Interest) as of close of business on the last day of
	the related Collection Period:	$	543,534,610.33

(28) Number of Accounts at the end of the related Collection Period	20,373

(29) After giving effect to all distributions on such Payment Date:
Outstanding Principal Balance of A-1 Notes:	$	0.00
A-1 Note Pool Factor:	0.0000000

Outstanding Principal Balance of A-2 Notes:	$	183,856,050.04
A-2 Note Pool Factor:	0.9884734

Outstanding Principal Balance of A-3 Notes:	$	185,000,000.00
A-3 Note Pool Factor:	1.0000000

Outstanding Principal Balance of A-4 Notes:	$	158,280,000.00
A-4 Note Pool Factor:	1.0000000

Outstanding Principal Balance of B Notes:	$	18,853,863.94
B Note Pool Factor:	0.9959780

Outstanding Principal Balance of the Certificates:	$	3,778,476.00
Certificate Pool Factor:	1.0000000

(30) Aggregate Purchased Receivables for related Collection Period:	$	0.00

(31) Reserve Account Balance after giving effect to all distributions:	$	13,247,299.00

(32) Specified Reserve Account Balance (after all distributions and adjustments):	$	13,247,299.00

(33) Aggregate amount of realized losses for the collection period	$	3,299.40

(34) Aggregate amount of realized losses since 21-Apr-04	$	73,576.68

DEERE JOHN RECEIVABLES INC 8-K