|WELLS FARGO

Commercial Mortgage Servicing
P0. Box 4036, Concord, CA 94524 1320 Willow Pass Rd., Ste. 205 Concord, CA 94520 800 986-9711

Management Assertion
February 25, 2005
As of and for the year ended December 31, 2004, Wells Fargo Commercial Mortgage Servicing, a division of Wells Fargo Bank, NA., which is a wholly owned subsidiary of Wells Fargo & Company, complied in all material respects with the minimum servicing criteria set forth in the Mortgage Bankers Association of America (MBA) Uniform Single Attestation Program for Mortgage Bankers (USAP), except for minimum servicing standards V.4 and VI.1, which the MBA has interpreted as being inapplicable to the servicing of commercial and multi-family loans. As of and for the year ended December31, 2004, Wells Fargo Commercial Mortgage Servicing had in effect a fidelity bond in the amount of $50,000,000 and errors and omissions policy in the amount of $50,000,000. Very Truly Yours, Wells Fargo Commercial Mortgage Servicing /s/ Daniel BoberDaniel Bober Senior Vice President Wells Fargo Commercial Mortgage Servicing /s/ Lisa CollinsLisa Collins Vice President Wells Fargo Commercial Mortgage Servicing Operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
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|WELLS FARGO

Commercial Mortgage Servicing
P0. Box 4036, Concord, CA 94524 1320 Willow Pass Rd., Ste. 205 Concord, CA 94520 800 986-9711
February 25, 2005 KPMG LLP 55 Second Street 1400 San Francisco, CA 9411 We are providing this letter in connection with your examination of management's assertion about Wells Fargo Commercial Mortgage Servicing's, a division of Wells Fargo Bank. NA., compliance with the minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers(USAP), as of and for the year ended December31, 2004 for the purpose of expressing an opinion as to whether management's assertion is fairly stated, in all material respects. We confirm, to the best of our knowledge and belief, the following representations made to you during your examination:
1.
We are responsible for complying with the minimum servicing standards in the
USAP. 2.
We are responsible for establishing and maintaining effective internal control over
compliance with the minimum servicing standards. 3.
We have performed an evaluation of Wells Fargo Commercial Mortgage
Servicing's compliance with the minimum servicing standards. 4.
As of and for the year ended December31, 2004, Wells Fargo Commercial
Mortgage Servicing has complied in all material respects with the minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers. 5.
We have disclosed to you all known noncompliance with the minimum servicing
standards. 6.
We have made available to you all documentation related to compliance with the
minimum servicing standards. 7.
We have disclosed any communications from regulatory agencies, internal
auditors, and other practitioners concerning the Company's possible noncompliance with the minimum servicing standards, including communications received between December 31, 2004, and February 18, 2005.
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We have disclosed to you any known noncompliance occurring subsequent
December 31, 2004.
Very Truly Yours, Wells Fargo Commercial Mortgage Servicing /s/ Daniel BoberDaniel Bober Senior Vice President Wells Fargo Commercial Mortgage Servicing /s/ Lisa CollinsLisa Collins Vice President Wells Fargo Commercial Mortgage Servicing Operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
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