| **Deloitte****Deloitte & Touche LLP****************************************Suite 400 1010 Grand Boulevard Kansas City, MO 64106-2232 USA**Tel: **+**l  **816 474 6180****www . d e I o i t t e . c o m****INDEPENDENT ACCOUNTANTS' REPORT**Board of Directors The PNC Financial Services Group, Inc. We have examined management's assertion that Midland Loan Services, Inc. (MLS), an indirect wholly-owned subsidiary of The PNC Financial Services Group,****Inc., has complied as of and for the year ended December 31,2004 with its established minimum servicing standards described in the accompanying report titled ***Management's Assertion*dated February 15,2005. Management is responsible for MLS's compliance with those minimum servicing standards. Our responsibility is to express an opinion on management's assertion about MLS's compliance based on our examination. Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about MLS's compliance with its minimum servicing standards and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on MLS's compliance with its minimum servicing standards. In our opinion, management's assertion that MLS complied with the aforementioned minimum servicing standards as of and for the year ended December 31, 2004 is fairly stated, in all material respects, based on the criteria set forth in Appendix I. ***Deloitte & Touche LLP***February 15, 2005 ******Member**of **Deloitte Touche Tohmatsu**** |
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