Exhibit 25.2

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D. C. 20549


                                   FORM T - 1

                    STATEMENT OF ELIGIBILITY UNDER THE TRUST
                     INDENTURE ACT OF 1939 OF A CORPORATION
                          DESIGNATED TO ACT AS TRUSTEE


                CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY
              OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) _________

                      U.S. BANK TRUST NATIONAL ASSOCIATION
               (Exact name of trustee as specified in its charter)

                                   13-3781471
                               (I. R. S. Employer
                               Identification No.)



                                                                   
     100 WALL STREET, NEW YORK, NY                                      10005
(Address of principal executive offices)                              (Zip Code)



                            FOR INFORMATION, CONTACT:
                       Patrick J. Crowley, Vice President
                      U.S. Bank Trust National Association
                           100 Wall Street, 16th Floor
                               New York, NY 10005
                            Telephone: (212) 361-2505

                            J. P. MORGAN CHASE & CO.
               (Exact name of obligor as specified in its charter)


                                                          
            DELAWARE                                         13-2624428
(State or other jurisdiction of                              (I. R. S. Employer
incorporation or organization)                               Identification No.)

270 PARK AVENUE                                                   10017
NEW YORK, NEW YORK
(Address of principal executive offices)                        (Zip Code)



                DEBT SECURITIES, PREFERRED SECURITIES, GUARANTEES

Item 1.           GENERAL INFORMATION.

         Furnish the following information as to the trustee - -

         (a)      Name and address of each examining or supervising authority to
                  which it is subject.



                                    Name                       Address
                                                            
                           Comptroller of the Currency         Washington, D. C.


         (b)      Whether it is authorized to exercise corporate trust powers.

                  Yes.

Item 2.           AFFILIATIONS WITH THE OBLIGOR.

         If the obligor is an affiliate of the trustee, describe each such
affiliation.

                  None.

Item 16.            LIST OF EXHIBITS.

         Exhibit 1.     Articles of Association of U.S. Bank Trust National
                        Association, incorporated herein by reference to Exhibit
                        1 of Form T-1, Registration No. 022-22485.

         Exhibit 2.     Certificate of Authority to Commence Business for First
                        Trust of New York, National Association now known as
                        U.S. Bank Trust National Association, incorporated
                        herein by reference to Exhibit 2 of Form T-1,
                        Registration No. 022-22485.

         Exhibit 3.     Authorization to exercise corporate trust powers for
                        U.S. Bank Trust National Association, incorporated
                        herein by reference to Exhibit 3 of Form T-1,
                        Registration No. 022-22485.

         Exhibit 4.     By-Laws of U.S. Bank Trust National Association,
                        incorporated herein by reference to Exhibit 4 of Form
                        T-1, Registration No. 022-22485.

         Exhibit 5.     Not applicable.

         Exhibit 6.     Consent of First Trust of New York, National Association
                        now known as U.S. Bank Trust National Association,
                        required by Section 321(b) of the Act, incorporated
                        herein by reference to Exhibit 6 of Form T-1,
                        Registration No. 022-22485.

         Exhibit 7.     Report of Condition of U.S. Bank Trust National
                        Association, as of the close of business on June 30,
                        2001, published pursuant to law or the requirements of
                        its supervising or examining authority.

         Exhibit 8.     Not applicable.

         Exhibit 9.     Not applicable.




                                    SIGNATURE


                  Pursuant to the requirements of the Trust Indenture Act of
1939, as amended, the trustee, U.S. Bank Trust National Association, a national
banking association organized and existing under the laws of the United States,
has duly caused this statement of eligibility to be signed on its behalf by the
undersigned, thereunto duly authorized, all in The City of New York, and State
of New York, on the 12th day of October, 2001.

                                               U.S. BANK TRUST
                                            NATIONAL ASSOCIATION



                                      By:   /s/   Patrick J. Crowley
                                           -----------------------------------
                                               Patrick J. Crowley
                                               Vice President

                                                                       Exhibit 7

                      U.S. BANK TRUST NATIONAL ASSOCIATION
                        STATEMENT OF FINANCIAL CONDITION
                                 AS OF 6/30/2001

                                    ($000'S)



                                                                     6/30/2001
                                                                     ---------
                                                                  
ASSETS
     Cash and Due From Depository Institutions                        $ 71,287
     Fixed Assets                                                          459
     Intangible Assets                                                  52,475
     Other Assets                                                       12,767
                                                                      --------
         TOTAL ASSETS                                                 $126,988


LIABILITIES
     Other Liabilities                                                $ 10,979
                                                                      --------
     TOTAL LIABILITIES                                                $ 10,979

EQUITY
     Common and Preferred Stock                                       $  1,000
     Surplus                                                           120,932
     Undivided Profits                                                (5,9239)
                                                                      --------
         TOTAL EQUITY CAPITAL                                         $116,009

TOTAL LIABILITIES AND EQUITY CAPITAL                                  $126,988



To the best of the undersigned's determination, as of this date the above
financial information is true and correct.


U.S. Bank Trust National Association



By:   /s/ Patrick J. Crowley
      -----------------------------
      Vice President

Date:  October 12, 2001