JOHN DEERE CAPITAL CORPORATION
JOHN DEERE RECEIVABLES LLC
WELLS FARGO DELAWARE TRUST COMPANY,
U.S. BANK NATIONAL ASSOCIATION
RBC CAPITAL MARKETS,
BARCLAYS CAPITAL INC.
MUFG SECURITIES AMERICAS INC.
TD SECURITIES (USA) LLC
CITIGROUP GLOBAL MARKETS INC.
HSBC SECURITIES (USA) INC.
July 22, 2020
Ladies and Gentlemen:
We have acted as special Iowa tax counsel for John Deere Owner Trust 2020-B (the Trust) and
John Deere Receivables LLC, a Nevada limited liability company (JDRL), in connection with the Registration Statement on Form SF-3, as amended (the Registration Statement), filed by JDRL
on behalf of the Trust with the Securities and Exchange Commission under the Securities Act of 1933, as amended, with respect to the issuance by the Trust of Asset Backed Notes (the Notes) and Asset Backed Certificates (the
Certificates). The Notes are to be issued pursuant to an Indenture dated as of July 22, 2020, between the Trust and U.S. Bank National Association, a national banking association (Indenture Trustee), substantially in the
form of Exhibits D, E, F and G thereto. The Certificates are to be issued substantially in the form of Exhibit A to the Trust Agreement dated July 21, 2020, between Wells Fargo
Delaware Trust Company, N.A., as Owner Trustee, and JDRL, as Depositor. Capitalized terms used but not defined herein shall have the respective meanings ascribed to them in the Underwriting Agreement dated July 14, 2020 among JDRL, John Deere
Capital Corporation, and Barclays Capital Inc. (Barclays); TD Securities (USA) LLC (TD); MUFG Securities Americas Inc. (MUFG); and RBC Capital Markets, LLC (RBC), on their own behalf and with respect
to Barclays, TD, MUFG and RBC, as representatives of the underwriters named therein.
In connection with this opinion, we have examined
originals or copies, certified or otherwise identified to our satisfaction, of (i) the Registration Statement; (ii) the Prospectus included in the Registration Statement; (iii) the Preliminary Prospectus included in the Registration
Statement; (iv) the Indenture; (v) the Trust Agreement; (vi) the Sale and Servicing Agreement; (vii) the Administration Agreement; (viii) the Asset Representations Review Agreement; and (ix) the Purchase Agreement
(collectively the Documents). As to any facts material to the opinion expressed herein, we have relied solely upon the factual matters contained in the representations and statements made in the Documents and we have not independently
established or verified their accuracy. We have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all
documents submitted to us as certified or photostatic copies and the authenticity of the originals of such copies. We have also assumed the due execution and delivery pursuant to due authorization by each of the entities party to the Documents.
We are members of the Bar of the State of Iowa, and we express no opinion as to the laws of any jurisdiction other than the laws of the United
States of America and the State of Iowa.