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Birely Marine Services Inc. BIRELY MARINE SURVEYOR AND CONSULTANT Beneteau 47' Oceanis "Sample" 1063 S.W. Blue Water Way Stuart, FL 34997 (772) 781-9068 Cell (954) 646-7219 MEMBER OF SOCIETY OF ACCREDITED MARINE SURVEYORS

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Page 1: BIRELY MARINE SURVEYOR AND CONSULTANT Beneteau 47' …BIRELY MARINE SURVEYOR AND CONSULTANT Beneteau 47' Oceanis "Sample" 1063 S.W. Blue Water Way Stuart, FL 34997 ... anchors and

Birely Marine Services Inc.BIRELY MARINE SURVEYOR AND CONSULTANT

Beneteau 47' Oceanis"Sample"

1063 S.W. Blue Water Way Stuart, FL 34997(772) 781-9068 Cell (954) 646-7219

MEMBER OF SOCIETY OF ACCREDITED MARINE SURVEYORS

Page 2: BIRELY MARINE SURVEYOR AND CONSULTANT Beneteau 47' …BIRELY MARINE SURVEYOR AND CONSULTANT Beneteau 47' Oceanis "Sample" 1063 S.W. Blue Water Way Stuart, FL 34997 ... anchors and

Report of Marine Survey

Of The Vessel

"Sample"Beneteau 47' Oceanis

Conducted byCaptain Douglas Birely SA

Sample

September 27, 2009

MEMBER OF SOCIETY OF ACCREDITED MARINE SURVEYORS

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TABLE OF CONTENTS

TOC"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

SECTION PAGE NO.

I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .INTRODUCTION 1II. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .GENERAL INFORMATION 2III. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SYSTEMS 5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .HULL DECK AND SUPERSTRUCTURE 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .CABIN APPOINTMENTS 7

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .PROPULSION 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .FUEL SYSTEM 10

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .ELECTRICAL SYSTEMS 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .FRESH WATER SYSTEM 11

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SANITATION 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .STEERING SYSTEM 13

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .GROUND TACKLE 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . .ELECTRONICS AND NAVIGATION EQUIPMENT 13

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .THRU-HULLS 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .BONDING SYSTEM 14

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SAFETY EQUIPMENT 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .OUT OF WATER INSPECTION 15

. . . . . . . . . . . . . . . . . . . . . .AIR CONDITIONING AND HEAT (AIR CONDITIONING) 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .LIQUIFIED PETROLEUM GAS SYSTEM (LPG) 17

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SEATRIAL REPORT 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .STANDING RIGGING 18

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .RUNNING RIGGING 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SAILS 19

IV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .FINDINGS AND RECOMMENDATIONS 21V. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SUMMARY AND VALUATION 36VI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .PHOTOGRAPHS 39

TOC"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

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I. INTRODUCTION

Page 1 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

SCOPE OF SURVEYActing at the request of Sample the attending surveyor did attend onboard the "Sample" beginning on 9/25/09 where an ''in-the-water-survey'' WAS conducted at The Moorings, Tortola, BVI. The ship's papers were not on board. The Hull Identification Number (HIN) WAS verified from the transom. A sea trial WAS performed. An out-of the water inspection of underwater machinery and the exterior of the hulls wetted surface area WAS performed. The reason for the survey, was to ascertain the physical condition and value of the vessel. Moisture readings taken and referenced throughout the body of the report, were taken with the Sovereign Moisture Master meter. AC and DC power WAS used to check operation of the electrical systems specified in this report only. No reference or information should be construed to indicate evaluation of the internal condition of the engines or the propulsion system's operating capacity. Electronic equipment was checked for ''power up'' only.This vessel was surveyed without removals of any parts, including fittings, tacked carpet, screwed or nailed boards, anchors and chain, fixed partitions, instruments, clothing, spare parts and miscellaneous materials in the bilges and lockers, or other fixed or semi-fixed items. Locked compartments or otherwise inaccessible areas would also preclude inspection. Owner is advised to open up all such areas for further inspection. Further, no determination of stability characteristics or inherent structural integrity has been made and no opinion is expressed with respect thereto. This survey report represents the condition of the vessel on the above dates, and is the unbiased opinion of the undersigned, but it is not to be considered an inventory or a warranty either specified or implied.NOTE: It is recommend and understood that all DIESEL/GAS engines be surveyed by a qualified

Engine Surveyor to determine the condition of the engines, gears and pumps, heat exchangers, coolers, etc.CONDUCT OF SURVEY:THE MANDATORY STANDARDS PROMULGATED BY THE UNITED STATES COAST GUARD (USCG), UNDER THE AUTHORITY OF TITLE 46 UNITED STATES CODE (USC); TITLE 33 AND TITLE 46, CODE OF FEDERAL REGULATIONS (CFR), AND THE VOLUNTARY STANDARDS AND RECOMMENDED PRACTICES DEVELOPED BY THE AMERICAN BOAT AND YACHT COUNCIL (ABYC) AND THE NATIONAL FIRE PROTECTION ASSOCIATION (NFPA) HAVE BEEN USED AS GUIDELINES IN THE CONDUCT OF THIS SURVEY.

The use of the word ''appears'' is intended to indicate that a close or complete inspection was not possible or it was not deemed appropriate at the time of this survey. The deficiencies reported herein reflect the conditions observed at the time the survey was conducted.Use of asterisks * in the body of the report will indicate that a finding will be listed in the Findings and Recommendations section pertaining to the asterisked item, following the body of the report.

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II. GENERAL INFORMATION

GENERAL INFORMATION

Page 2 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

. . . . . . . . . . . . . . . . . . . . . . . . . . . .FILE NUMBER: 1469 . . . . . . . . . . . . . . . . . .SURVEY PREPARED FOR: Sample

. . . . . . . . . . . . . . . . . . . . . . . .NAME OF VESSEL: "Sample" . . . . . . . . . . . . . . . . . . . . . . . .TYPE OF SURVEY: Pre-Purchase for Buyer

. . . . . . . . . . . . . . . .OVERALL VESSEL RATING: **** AVERAGE . . . . . . . . . . . . .ESTIMATED MARKET VALUE: $200,000.00

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .BUILDER: Beneteau . . . . . . . . . . . . . . . . . . . . . . . . . . . . .YEAR BUILT: 2005

. . . . . . . . . . . . . . . . . . . . . . .MODEL OF VESSEL: Sloop: Three (3) cabin. . . . . .HULL IDENTIFICATION NUMBER (HIN): Sample

. . . . . . . . . . . . . . . . . . . . . . . . . . .HAILING PORT: Sample . . . . . . . . . . . . . . . . . . . . . . .PLACE OF SURVEY: The Moorings, Tortola, BVI

. . . . . . . . . . . . . . . . . . .DATE/TIME OF SURVEY: September 25, 2009 . . . . . . . . . . . . . . . . . . . . . . . . .HULL MATERIAL: FRP (Fiber Reinforced Plastic).

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .HULL TYPE: Full displacement hull, fin keel and spade rudder.

. . . . . . . . . . . . . . .LENGTH OVER ALL (L.O.A).: * 47' . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .BEAM: * 14'2" . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .DRAFT: * 5'7"

. . . . . . . . . . . . . . . . . . . . . . . . . .DISPLACEMENT: * 24,277 . . . . . . . . . . . . . . . . . . . .PROPULSION SYSTEM: Sail and auxiliary diesel.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .FUEL TYPE: Diesel. . . . . . . . . . . . . . . . . . . . . . . . . .FUEL CAPACITY: Reportly 64 gals.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .AC POWER: Yes, Two (2) 125 volt, 30 amp. Inlets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .DC POWER: Yes, 12 volt.

. . . . . . . . . . . . . . . . .FRESH WATER CAPACITY: Reportly 248 gals. . . . . . . . . . . . . . . . . . . . . . . . . . .HOLDING TANK: Yes

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II. GENERAL INFORMATION

Page 3 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

DEFINITION OF TERMS:The terms and words used in this report have the following meanings as used in this Report of survey:APPEARS:Indicates that a very close inspection of the particular system, component or item was not possible due to constraints imposed upon the surveyor(e.g. no power available, inability to remove panels, or requirements not to conduct destructive tests).

FIT FOR INTENDED USE:Use which is intended by Survey Purchaser(present or prospective owner).

SERVICEABLE: ADEQUATE:Sufficient for a specific requirement.

POWERS UP:Power was applied only. This does not refer to the operation of any system or component unless specifically indicated.

EXCELLENT CONDITION:New or like new.

GOOD CONDITION:Nearly new, with only minor cosmetic or structural discrepancies noted.

FAIR CONDITION:Denotes that system, component or item is functional as is with minor repairs. (MONITOR OFTEN)

POOR CONDITION:Unusable as is. Requires repairs or replacement of system, component or item to be considered functional.

USE OF *:Use of * in the body of this report will indicate that a finding will be listed in the ''Findings and Recommendations'' section pertaining to the * item.

Asterisks * in this General Information section refers to the source of such information as follows: * Per Manufacturer's Specifications **Refer to Summary and Valuation Section *** Per USCG Documentation

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II. GENERAL INFORMATION

DEFINITION OF TERMS:(continued)

Page 4 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

**** Per Buc Book

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III. SYSTEMS

HULL DECK AND SUPERSTRUCTURE

Page 5 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

HULL CONSTRUCTIONTYPE:

Full displacement with fin keel and skeg rudder.MATERIAL:

*B1FRP (fiber reinforced plastic)

EXTERIOR HULL:*B2, B3, B4, B5, B6White gelcoat with blue boot top.

PORTLIGHTS:Eight (8) four each port and starboard.

BULKHEADS:Athwartships reinforcement enhanced by wood bulkheads bonded to the hull with FRP (fiber reinforced plastic). Appears serviceable where sighted.

STRINGERS:Hull stiffness provided by FRP longitudinal stringers. Complete inspection not possible due to limited access. Appears serviceable where observed.

TRANSOM:*B7Reinforced, FRP steps to the water line.

BILGE:A smooth surface was used in the shallow bilge area.

CHAIN LOCKER (DRAINAGE):The chain locker is forward and accessible through an access hatch on deck. The locker is a single flat bottom compartment.

KEEL EXTERNAL:Bolbes keel

MOISTURE CONTENT:None noted.

DECK CONSTRUCTIONTYPE:

Molded FRP (fiber reinforced plastic) with non-skid surface.MATERIAL:

*B8, B9Cored FRP (fiber reinforced plastic) with white gelcoat, molded non-skid surface.

COCKPIT:*C1Yes

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III. SYSTEMS

HULL DECK AND SUPERSTRUCTURE

Page 6 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

HULL-TO-DECK JOINTTYPE:

*B10, B11Over Lapping

BEDDING COMPOUND:Appeared to be elastomeric compound.

DECK FITTINGSSTANCHIONS:

*B12, B13, B14Stainless steel stanchions and cable lifelines run perimeter of the deck from boarding gate to boarding gate.

VENTILATION:Nine (9) hatch's.

CHOCKS AND CLEATS:Six (6) 12'' cleats.

WINDLASS/GIPSY:Yes

GRAB RAIL:Grab rails on cabin house.

ANCHOR PLATFORM:Stainless steel anchor platform with bow roller. Appears serviceable.

SUPERSTRUCTUREMATERIAL:

Cabin house and deck are one unit molded FRP (fiber reinforced plastic). WINDOWS/PORTS/DOORS:

*B15The sides of cabin house has fixed windows. The entrance door to the main salon open into the cockpit.

BRIDGE DECKMATERIAL:

FRP (fiber reinforced plastic) molded.TYPE:

Cockpit provides helm station and crew seating.COCKPIT:

Aft cockpit.SEATS:

Bench seats.

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III. SYSTEMS

HULL DECK AND SUPERSTRUCTURE

Page 7 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

BRIDGE DECK(continued)BIMINI:

*B16, B17Blue canvas with stainless steel tubular support structure.

WINDSHIELD:*B18Canvas and clear plastic curtains surround the helm station.

CABIN APPOINTMENTSINTERIOR DESCRIPTION:

JOINERY AND FINISH:The joinery and finish of the teak interior was average.

CABIN BRIGHT WORK:*B19, B20, B21Satin varnish finish. Appeared serviceable.

INTERIOR BULKHEADS:Interior teak bulkheads.

WATER INTRUSION SIGNS:*B22Yes

STORAGE AREAS:The cabinets, lockers, drawers, and shelving are provided.

HEADLINERS:*B23Headliner material in the cabins appeared to be a light colored vinyl.

DOORWAYS:*B24, B25Solid wood cabin and head doors throughout vessel. Appeared serviceable.

FABRIC AND CUSHIONS:Appeared Serviceable.Note:The general appearance of the cushions and fabrics reflect wear and tear for a charter vessel of this age.

FLOOR AND WINDOW COVERINGS:*B26Imitation Wood

ACCOMMODATIONS:Three cabins.

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III. SYSTEMS

CABIN APPOINTMENTS

Page 8 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

INTERIOR DESCRIPTION:(continued)HEADS:

Three heads.SHOWERS:

The heads are stand up shower enclosures. FAUCET FIXTURES:

*C2Faucet and fixtures in the vessel were on demand.

LIGHT FIXTURES:*B27DC cabin lights throughout the vessel were operable.

STEREO, ETC.:*B28, B29Clarion: CMD4. Powers up.

GALLEYLOCATION:

Port salon.SINKS:

Double stainless steel sink. REFRIGERATION:

*B30Sea Frost; Cold plate 12 volt refrigeration in galley. Appears serviceable.

STOVE/OVEN:ENO: Stove is a LPG, three (3) burner. Appears serviceable.

PROPULSIONMAIN ENGINES

TYPE:*B31Auxiliary power plant is a Perkins four (4) cylinder diesel naturally aspirated.

MANUFACTURER:Perkins

SERIAL NUMBERS:Sample

LABELS AND NOTICES:All required labels appeared to be in place and readable.

HORSE POWER:65 hp

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III. SYSTEMS

PROPULSION

Page 9 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

MAIN ENGINES(continued)NUMBER OF CYLINDERS:

Four (4) in line configuration.INDICATED HOURS:

*B32N.A.

THROTTLE CONTROLS:Mechanical lever/cable type.

ENGINE MOUNTS AND BED:*B33, B34Main engine bed is heavy longitudinal stringers. In conjunction, adjustable motor mounts are bolted to the stringers and are used to adjust the propshaft alignment as well as secure the engine to the hull stringer structure.

DRIP PANS:Custom fit drip pans.

EXHAUST SYSTEM:*B35, B36, B37Raw water cooled. Flexible hose aft to FRP (fiber reinforced plastic) silencers located under the cockpit sole.

INSULATION:*B38Aluminized foam rubber sound deadning insulation was noted in engine room.

PROP SHAFTS:Stainless steel. Appeared serviceable.

ENGINE ALARMS:*B39Low oil pressure alarm and coolant over heat warning not audible at helm station.

STUFFING BOX:Dripless type.

COOLING SYSTEMTYPE:

Freshwater reservoir type cooling with raw water cooled wet exhaust.RAW WATER STRAINERS:

Under water hull mounted strainers. Appears serviceable.HOSES AND CLAMPS:

*B40, B41Re-inforced rubber hose.

BELTS AND PULLEYS:Belts condition appears serviceable.

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III. SYSTEMS

PROPULSION

Page 10 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

COOLING SYSTEM(continued)SEACOCKS AND STRAINERS:

*B42Raw water seacocks were ball valve type.

TRANSMISSIONSMANUFACTURER:

Hurth: 17780GEAR RATIO:

Transmission tag: 2.10 to 1 ratio.CONTROLS:

Mechanical cable and linkage type.COUPLER (SAFETY WIRE):

Yes, safety wired.PACKING GLAND:

DriplessFUEL SYSTEM

MAIN ENGINE(S) FUEL SYSTEMFUEL TYPE:

Diesel.MATERIAL:

PlasticNUMBER OF TANKS:

One (1)FILL PIPE LOCATIONS:

Port aft side decks marked for diesel.HOSE CONNECTIONS, CLAMPS:

Appears serviceable and approved where sighted.FUEL FILTERS:

Yes. Both remote mounted Racor filter/water separator type and engine mount spin on/off type.ELECTRICAL SYSTEMS

ELECTRICAL SYSTEM (D.C. SYSTEM)VOLTAGE:

Maintenance Free 12 volt.BANKS:

*B43Number: Two (2) banks.

MAIN BATTERY SWITCHES:Type: Rotary selector.

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III. SYSTEMS

ELECTRICAL SYSTEMS

Page 11 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

ELECTRICAL SYSTEM (D.C. SYSTEM)(continued)PANEL:

Overcurrent Protection: Bus type fuses and circuit breakers. ROUTING/SUPPORT:

*B44, B45Yes

CHARGING SYSTEM:*B46Alternator on main engine.

CHARGING SYSTEM (BATTERY CHARGER):Type: Marine grade 110 volt. True Charge 40 amp.

ELECTRICAL SYSTEM (A.C. SYSTEM)SHORE POWER INLET:

Two (2) 120 volt, 30 amp.MAIN BREAKER:

Yes in the transom locker.BRANCH BREAKERS:

YesOUTLETS:

*B47Various A.C. outlets available throughout yacht, appear adequate and conveniently located. Tested ok for proper polarity.

FRESH WATER SYSTEMFRESH WATER SYSTEM: (POTABLE WATER)

STORAGE TANKS:Yes

LOCATION:Port and starboard under cabin sole.

MATERIAL:Tank material appears to be plastic.

FILL PIPE LOCATION:Side deck marked for water.

PUMPS:*B48, B49Two (2) ShurFlo, on demand type water pump.

HOSES AND CLAMPS:Reinforced plastic hose throughout the vessel. Appears serviceable where sighted.

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III. SYSTEMS

FRESH WATER SYSTEM

Page 12 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

FRESH WATER SYSTEM (HOT WATER SYSTEM)TYPE:

110 electric. Marine grade.MANUFACTURER:

*B50Seaward

CAPACITY:11 gallons.

PRESSURE RELIEF VALVE:Yes, copper pressure relief valve built into tank.

HEAT EXCHANGER AND PLUMBING:*B51Engine mounted heat exchanger. Appears serviceable.

SANITATIONSANITATION (BLACK WATER)

MANUFACTURER:Jabsco

MANUAL OR ELECTRIC TYPE:Manual.

NUMBER OF HEADS:Three (3) heads on vessel.

M.S.D TYPE USCG SYSTEM:Certification Type: MSD U.S.C.G. Type III. (Holding tanks)

RAW WATER SUPPLY AND CLAMPS:Thru-hulls at individual head locations.

DISCHARGE HOSES AND CLAMPS:Thru-hulls at individual head locations, double clamped.

HOLDING TANK:Yes

SANITATION (GREY WATER)BASINS, SHOWERS, HOSES AND CLAMPS:

The showers on this vessel are sump pans. PUMPS:

*B52Jabsco sump pump with manual switch.

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III. SYSTEMS

STEERING SYSTEM

Page 13 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

STEERING SYSTEMNUMBER OF STATIONS:

Two (2) main deck helm station.LINES AND FITTINGS:

Stainless cable and quadrant. Appears Serviceable.PULLEYS, CABLE AND CHAIN CONDITION:

Appeared serviceable where sighted.RUDDER STOCK:

Stainless steel rudder stock size not determined due to access.UPPER RUDDER BEARING SUPPORT:

*B53Well mounted upper rudder bearing.

GROUND TACKLEGROUND TACKLE

ANCHORS:Type: Plow style. Size: Approx: 30 lbs.

RODE MATERIAL:All chain. Appears serviceable and is of windlass class type BBB.

CHAIN:Chain is galvanized BBB type for windlass usage.

WINDLASS:Lofrance: TG007261

ELECTRONICS AND NAVIGATION EQUIPMENTELECTRONICS AND NAVIGATION EQUIPMENT

VHF:*B54Icom: IC-M402. Powers up.

CHART PLOTTER:*B55No

AUTOHELM:*B56Ray Marine: 6002. Powers up.

DEPTH SOUNDER:*B57Ray Marine: ST60. Power up.Ray Marine: ST140.

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III. SYSTEMS

ELECTRONICS AND NAVIGATION EQUIPMENT

Page 14 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

ELECTRONICS AND NAVIGATION EQUIPMENT(continued)COMPASSES:

Two (2) PlastimoTHRU-HULLS

THRU-HULLS:THRU-HULLS BELOW WATER LINE (DIAGRAM):

Abbreviation Description BP Bilge Pumps ENGINE Engine PG Pkng Gland SC Seacock**Black Icon(s) with white text indicates inoperable item.

BONDING SYSTEMBONDING SYSTEM

MAIN BONDING CONDUCTOR:The bonding system is mostly well established where sighted. A separate bonding test was not performed and I did not use a corrosion meter to establish the level of protection. However the bonding system is using individual green insulated wire and appeared to be serviceable where sighted.

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III. SYSTEMS

SAFETY EQUIPMENT

Page 15 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

SAFETY EQUIPMENT (UNITED STATES COAST GUARD)NUMBER AND TYPE OF PFD'S:

Six (6) Type I-U.S.C.G. approved.NUMBER OF THROWABLE PFD'S:

One (1) Type IV-U.S.C.G. approved throwable device.FIRE EXTINGUISHERS:

*B58, B59Four (4) dry chemical Size: 3 lb.

VISUAL DISTRESS SIGNALS:Day/night visual distress signals are hand held flares. Expiration date: 9/10

SOUND DEVICES:*B60None Sighted.

NAVIGATION LIGHTS:Sidelights are operable.Mast head light is operable.All-round light is operable.Sternlight is operable. Anchor light is operable.

"NO OIL DISCHARGE" PLAQUE:Yes, found properly displayed in engine space.

TRASH DISPOSAL PLACARD:Yes, found properly displayed in the galley area.

AUXILIARY SAFETY EQUIPMENTLIFE RAFT:

Trans Ocean: 8 Man 3/10BILGE PUMPS

LIST:Yes. Two (2) See thru-hull diagram.

OUT OF WATER INSPECTIONBELOW WATERLINE MACHINERY

PROPELLER(S):One (1) bronze alloy, three bladed propellers.

SHAFT BEARING (CUTTLESS BEARING):*B61Cuttless bearing showed signs of wear and sloppiness or end play.

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III. SYSTEMS

OUT OF WATER INSPECTION

Page 16 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

BELOW WATERLINE MACHINERY(continued)RUDDER(S) MATERIAL:

*B62One (1) FRP (fiber reinforced plastic).

STRAINERS/SCOOPS/SCREENS:Yes

ZINCS:*B63None

CONDITION OF HULL (WETTED SURFACE)BLISTERS:

None Sighted.CONDITION OF BOTTOM PAINT:

*B64Bottom paint is thin and is in need of repainting.

AIR CONDITIONING AND HEAT (AIR CONDITIONING)AIR CONDITIONING AND HEAT (AIR CONDITIONING)

TYPE:Unitized self contained reverse cycle type.

MANUFACTURER:Cruise Air.

NUMBER OF UNITS:*B65, B66Two (2) self contained (2) digital controls.

BTU CAPACITY:*B6712,000 BTU10,000 BTU

THRU-HULL STRAINER:Yes

HOSES, CLAMPS AND CONNECTORS:Appear to be adequately sized.

RAW WATER COOLING PUMP:110 volt electric pump system is equipped with a seacock and sea strainer assembly. Appears serviceable.

DRIP TRAYS:*B68Yes, one for each unit.

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III. SYSTEMS

LIQUIFIED PETROLEUM GAS SYSTEM (LPG)

Page 17 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

LIQUIFIED PETROLEUM GAS SYSTEM (LPG)TYPE:

LPG.LOCATION:

Port aft deck.MOUNTING:

Appears serviceable.REGULATOR:

Yes, appears serviceable.PRESSURE GAUGE:

YesSHUT-OFFS:

Yes at tanks.LINES AND FITTINGS:

Seamless rubber. SEATRIAL REPORT

INTRODUCTIONINTRODUCTION:

The "Sample" was operated from the Hoges Creek Marina between the hours of 10:30 am to 2:00 pm on 9/25/09. The vessel was operated by Richard Vass.

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III. SYSTEMS

SEATRIAL REPORT

Page 18 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

OBSERVATIONSOBSERVATIONS:

*B69, B70, B71

1. The engine started without excessive cranking.2. The engine exhaust appeared normal.3. The cooling water exhaust appeared adequate and normal.4. The engine instruments did not operate within normal operating limits at idle, cruising speed, and maximum throttle.5. Engines reached full throttle.6. The steering system operated normally.7. The throttles operated normally.8. The transmissions operated normally/smoothly.9. The backdown test was satisfactory.10. There were no excessive vibrations noted.

STANDING RIGGINGSTANDING RIGGING

MAST: Z Spar: Z901

SPREADERS:Double spreader rig.

SHROUDS AND STAYS:Stainless wire. Appears serviceable.

BOOMS:US Spar: S480

TURNBUCKLES:*B72Stainless turnbuckles.

TANG ENDS:*B73Yes

CHAIN PLATES:Internal chain plates bolted to bulkhead.

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III. SYSTEMS

RUNNING RIGGING

Page 19 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

RUNNING RIGGINGWINCHES:

*B74Two (2) Lewmar: Two (2) 40 and two (2) 54.

SAIL TRACK:Two deck mounted sail tracks with cars both port and starboard. Appeared serviceable.

BLOCKS:Lewmar

TOPPING LIFT:*B75Yes

MAIN SHEET TRAVELER:Lewmar

HALYARDS:*B76Halyards were braided and color coded no wire splices were observed.

SHEETS:The sheets onboard appeared in serviceable condition.

ROLLER FURLING GEAR:Pro Furl gear appeared serviceable.

CAM CLEATS:Lewmar Appeared serviceable.

SAILSSAILS

MAINSAIL:*B77Doyle

HEADSAIL:*B78Doyle Roller furling 120 %

SAIL COVERS & BOOTS:*B79Doyle: Sail pack.

BATTENS:Yes

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III. SYSTEMS

SAILS

Page 20 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

SAILS(continued)BATTEN POCKETS:

*B80Yes

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IV. FINDINGS AND RECOMMENDATIONS

Page 21 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

Deficiencies noted under ''SAFETY'' should be addressed before vessel is next underway. These findings represent an endangerment to personnel and/or the vessel's safe and proper operating condition. Findings may also be in violation of U.S.C.G. regulations.Deficiencies noted under ''OTHER DEFICIENCIES'' should be corrected in the near future so as to maintain standards and to help the vessel to retain it's value.Deficiencies will be listed under the appropriate heading: A. SAFETY DEFICIENCIES B. OTHER DEFICIENCIES NEEDING ATTENTION C. SURVEYORS NOTES AND OBSERVATIONS

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.1 (PAGE 5) MATERIAL:FRP (fiber reinforced plastic)

FINDINGS RECOMMENDATIONSThere is an area in the FRP on the interior bow that has been repaired, under the chain plate.

Monitor

B.2 (PAGE 5) EXTERIOR HULL:White gelcoat with blue boot top.

FINDINGS RECOMMENDATIONSThere are numerous scratches in the hull gelcoat.

Further investigate and repair as necessary.

B.3 (PAGE 5) EXTERIOR HULL:White gelcoat with blue boot top.

FINDINGS RECOMMENDATIONSThe hull topside's are oxidized. Polish

B.4 (PAGE 5) EXTERIOR HULL:White gelcoat with blue boot top.

FINDINGS RECOMMENDATIONSThe water line is scratched. Refinish

B.5 (PAGE 5) EXTERIOR HULL:White gelcoat with blue boot top.

FINDINGS RECOMMENDATIONSThe hull accent striping is scratched in areas. Refinish

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IV. FINDINGS AND RECOMMENDATIONS

Page 22 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.6 (PAGE 5) EXTERIOR HULL:White gelcoat with blue boot top.

FINDINGS RECOMMENDATIONSThere are scratches in the FRP on both sides. Two (2) on the starboard and three (3) on the port.

Further investigate and repair as necessary.

B.7 (PAGE 5) TRANSOM:Reinforced, FRP steps to the water line.

FINDINGS RECOMMENDATIONSThe swimplatform steps have stress cracks. Further investigate and repair as necessary.

B.8 (PAGE 5) MATERIAL:Cored FRP (fiber reinforced plastic) with white gelcoat, molded non-skid surface.

FINDINGS RECOMMENDATIONSThe deck shows signs of high moister on the moister meter around the starboard forward hatch rail feet.

Monitor

B.9 (PAGE 5) MATERIAL:Cored FRP (fiber reinforced plastic) with white gelcoat, molded non-skid surface.

FINDINGS RECOMMENDATIONSThere are chips in the gelcoat on the deck in numerous spots.

Further investigate and repair as necessary.

B.10 (PAGE 6) TYPE:Over Lapping

FINDINGS RECOMMENDATIONSThe aluminum rubrail is dented and scratched in areas.

Monitor

B.11 (PAGE 6) TYPE:Over Lapping

FINDINGS RECOMMENDATIONSThe transom rubber hull to deck joint cover is loose.

Further investigate and repair as necessary.

B.12 (PAGE 6) STANCHIONS:Stainless steel stanchions and cable lifelines run perimeter of the deck from boarding gate to boarding gate.

FINDINGS RECOMMENDATIONSThe railing stanchions are loose. Further investigate and repair as necessary.

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IV. FINDINGS AND RECOMMENDATIONS

Page 23 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.13 (PAGE 6) STANCHIONS:Stainless steel stanchions and cable lifelines run perimeter of the deck from boarding gate to boarding gate.

FINDINGS RECOMMENDATIONSThe port midship wire rail is bent. Further investigate and repair as necessary.

B.14 (PAGE 6) STANCHIONS:Stainless steel stanchions and cable lifelines run perimeter of the deck from boarding gate to boarding gate.

FINDINGS RECOMMENDATIONSThe port forward rail turn buckles are missing some of the retainer clips.

Further investigate and repair as necessary.

B.15 (PAGE 6) WINDOWS/PORTS/DOORS:The sides of cabin house has fixed windows. The entrance door to the main salon open into the cockpit.

FINDINGS RECOMMENDATIONSThe main salon door boards are failing. Further investigate and repair as necessary.

B.16 (PAGE 7) BIMINI:Blue canvas with stainless steel tubular support structure.

FINDINGS RECOMMENDATIONSThe bimini top stitching is failing. Further investigate and repair as necessary.

B.17 (PAGE 7) BIMINI:Blue canvas with stainless steel tubular support structure.

FINDINGS RECOMMENDATIONSThe bimini top has patches. Monitor

B.18 (PAGE 7) WINDSHIELD:Canvas and clear plastic curtains surround the helm station.

FINDINGS RECOMMENDATIONSThe clear plastic curtains are failing and stained.

Investigate further and repair or renew as necessary.

B.19 (PAGE 7) CABIN BRIGHT WORK:Satin varnish finish. Appeared serviceable.

FINDINGS RECOMMENDATIONSThere is some maring of the interior bright work.

Refinish

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IV. FINDINGS AND RECOMMENDATIONS

Page 24 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.20 (PAGE 7) CABIN BRIGHT WORK:Satin varnish finish. Appeared serviceable.

FINDINGS RECOMMENDATIONSThere is some discoloring of the interior bright work.

Further investigate and repair as necessary.

B.21 (PAGE 7) CABIN BRIGHT WORK:Satin varnish finish. Appeared serviceable.

FINDINGS RECOMMENDATIONSThe forward cabin bulkhead varnish is failing. Refinish

B.22 (PAGE 7) WATER INTRUSION SIGNS:Yes

FINDINGS RECOMMENDATIONSThere are signs of water damage under the refrigerator.

Further investigate and repair as necessary.

B.23 (PAGE 7) HEADLINERS:Headliner material in the cabins appeared to be a light colored vinyl.

FINDINGS RECOMMENDATIONSThe headliner is mildewed in areas. Further investigate and clean as necessary.

B.24 (PAGE 7) DOORWAYS:Solid wood cabin and head doors throughout vessel. Appeared serviceable.

FINDINGS RECOMMENDATIONSThe master cabin head door will not shut and latch properly.

Further investigate and repair as necessary.

B.25 (PAGE 7) DOORWAYS:Solid wood cabin and head doors throughout vessel. Appeared serviceable.

FINDINGS RECOMMENDATIONSThe port head door binds on top. Further investigate and repair as necessary.

B.26 (PAGE 7) FLOOR AND WINDOW COVERINGS:Imitation Wood

FINDINGS RECOMMENDATIONSThe floor is discolored in areas. Investigate further and repair or renew as

necessary.

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IV. FINDINGS AND RECOMMENDATIONS

Page 25 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.27 (PAGE 8) LIGHT FIXTURES:DC cabin lights throughout the vessel were operable.

FINDINGS RECOMMENDATIONSThe starboard cabin interior light fixtures were inoperable.

Further investigate and repair as necessary.

B.28 (PAGE 8) STEREO, ETC.:Clarion: CMD4. Powers up.

FINDINGS RECOMMENDATIONSThe helm speakers are inoperable. Further investigate and repair as necessary.

B.29 (PAGE 8) STEREO, ETC.:Clarion: CMD4. Powers up.

FINDINGS RECOMMENDATIONSThe stereo side molding is missing. Further investigate and repair as necessary.

B.30 (PAGE 8) REFRIGERATION:Sea Frost; Cold plate 12 volt refrigeration in galley. Appears serviceable.

FINDINGS RECOMMENDATIONSThere is not a refrigerator discharge vent. Investigate further and repair or renew as

necessary.B.31 (PAGE 8) TYPE:Auxiliary power plant is a Perkins four (4) cylinder diesel naturally aspirated.

FINDINGS RECOMMENDATIONSThe engine room has evidence of 4" of water in the past.

Further investigate and clean.

B.32 (PAGE 9) INDICATED HOURS:N.A.

FINDINGS RECOMMENDATIONSThe hour meter is inoperable. Further investigate and repair as necessary.

B.33 (PAGE 9) ENGINE MOUNTS AND BED:Main engine bed is heavy longitudinal stringers. In conjunction, adjustable motor mounts are bolted to the stringers and are used to adjust the propshaft alignment as well as secure the engine to the hull stringer structure.

FINDINGS RECOMMENDATIONSThe port forward engine mount bolt is loose. Further investigate and repair as necessary.

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IV. FINDINGS AND RECOMMENDATIONS

Page 26 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.34 (PAGE 9) ENGINE MOUNTS AND BED:Main engine bed is heavy longitudinal stringers. In conjunction, adjustable motor mounts are bolted to the stringers and are used to adjust the propshaft alignment as well as secure the engine to the hull stringer structure.

FINDINGS RECOMMENDATIONSThe port forward engine mount is corroded. Further investigate and repair as necessary.

B.35 (PAGE 9) EXHAUST SYSTEM:Raw water cooled. Flexible hose aft to FRP (fiber reinforced plastic) silencers located under the cockpit sole.

FINDINGS RECOMMENDATIONSThe main engine exhaust riser is leaking on the welds.

Further investigate and repair as necessary.

B.36 (PAGE 9) EXHAUST SYSTEM:Raw water cooled. Flexible hose aft to FRP (fiber reinforced plastic) silencers located under the cockpit sole.

FINDINGS RECOMMENDATIONSThe main engine exhaust riser is corroded. Investigate further and repair or renew as

necessary.B.37 (PAGE 9) EXHAUST SYSTEM:Raw water cooled. Flexible hose aft to FRP (fiber reinforced plastic) silencers located under the cockpit sole.

FINDINGS RECOMMENDATIONSThe main engines exhaust cooling hoses are not double clamped.

Replace with new marine grade full stainless steel clamps.

B.38 (PAGE 9) INSULATION:Aluminized foam rubber sound deadning insulation was noted in engine room.

FINDINGS RECOMMENDATIONSMost of the engine room insulation is failing. Further investigate and repair as necessary.

B.39 (PAGE 9) ENGINE ALARMS:Low oil pressure alarm and coolant over heat warning not audible at helm station.

FINDINGS RECOMMENDATIONSThe engine alarms are inoperable. Further investigate and repair as necessary.

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IV. FINDINGS AND RECOMMENDATIONS

Page 27 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.40 (PAGE 9) HOSES AND CLAMPS:Re-inforced rubber hose.

FINDINGS RECOMMENDATIONSThe port main engine raw water cooling hose is chafed.

Replace with new marine grade hose.

B.41 (PAGE 9) HOSES AND CLAMPS:Re-inforced rubber hose.

FINDINGS RECOMMENDATIONSThe starboard main engine raw water cooling hose bracket is missing.

Further investigate and repair as necessary.

B.42 (PAGE 10) SEACOCKS AND STRAINERS:Raw water seacocks were ball valve type.

FINDINGS RECOMMENDATIONSThe main engine raw water intake seacock is corroded.

Further investigate and repair as necessary.

B.43 (PAGE 10) BANKS:Number: Two (2) banks.

FINDINGS RECOMMENDATIONSThere are no positive battery terminal covers. Further investigate and repair as necessary.

B.44 (PAGE 11) ROUTING/SUPPORT:Yes

FINDINGS RECOMMENDATIONSThere is a wire taped over on the port engine side.

Further investigate and repair as necessary.

B.45 (PAGE 11) ROUTING/SUPPORT:Yes

FINDINGS RECOMMENDATIONSThe port engine relay is loose. Further investigate and repair as necessary.

B.46 (PAGE 11) CHARGING SYSTEM:Alternator on main engine.

FINDINGS RECOMMENDATIONSThe engine alternator was not proven on the seatrial.

Further investigate and repair as necessary.

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IV. FINDINGS AND RECOMMENDATIONS

Page 28 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.47 (PAGE 11) OUTLETS:Various A.C. outlets available throughout yacht, appear adequate and conveniently located. Tested ok for proper polarity.

FINDINGS RECOMMENDATIONSThe GFCI outlet fails to trip by its test button. Further investigate and repair as necessary.

B.48 (PAGE 11) PUMPS:Two (2) ShurFlo, on demand type water pump.

FINDINGS RECOMMENDATIONSNumber two (2) fresh water pump runs constantly.

Further investigate and repair as necessary.

B.49 (PAGE 11) PUMPS:Two (2) ShurFlo, on demand type water pump.

FINDINGS RECOMMENDATIONSNumber one (1) fresh water is slow to shut off. Further investigate and repair as necessary.

B.50 (PAGE 12) MANUFACTURER:Seaward

FINDINGS RECOMMENDATIONSThe bottom of the hot water heater is corroded. Further investigate and repair as necessary.

B.51 (PAGE 12) HEAT EXCHANGER AND PLUMBING:Engine mounted heat exchanger. Appears serviceable.

FINDINGS RECOMMENDATIONSThe hot water heat exchanger hose clamps are corroded.

Replace with new marine grade full stainless steel clamps.

B.52 (PAGE 12) PUMPS:Jabsco sump pump with manual switch.

FINDINGS RECOMMENDATIONSThe port and starboard aft shower sump pumps are inoperable.

Investigate further and repair or renew as necessary.

B.53 (PAGE 13) UPPER RUDDER BEARING SUPPORT:Well mounted upper rudder bearing.

FINDINGS RECOMMENDATIONSThe rudder bearing has play in it. Investigate further and repair or renew as

necessary.

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IV. FINDINGS AND RECOMMENDATIONS

Page 29 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.54 (PAGE 13) VHF:Icom: IC-M402. Powers up.

FINDINGS RECOMMENDATIONSThe VHF was not proven to transmit. Tested three times.

Investigate further and repair or renew as necessary.

B.55 (PAGE 13) CHART PLOTTER:No

FINDINGS RECOMMENDATIONSThe chart plotter is missing. Investigate further and repair or renew as

necessary.B.56 (PAGE 13) AUTOHELM:Ray Marine: 6002. Powers up.

FINDINGS RECOMMENDATIONSThe auto pilot ruder indicator is inoperable. Investigate further and repair or renew as

necessary.B.57 (PAGE 13) DEPTH SOUNDER:Ray Marine: ST60. Power up.Ray Marine: ST140.

FINDINGS RECOMMENDATIONSThe starboard depth sounder unit is inoperableand the display is crazed over.

Investigate further and repair or renew as necessary.

B.58 (PAGE 15) FIRE EXTINGUISHERS:Four (4) dry chemical Size: 3 lb.

FINDINGS RECOMMENDATIONSAll the fire extinguishers do not have currentinspection tags.

Recertify

B.59 (PAGE 15) FIRE EXTINGUISHERS:Four (4) dry chemical Size: 3 lb.

FINDINGS RECOMMENDATIONSOne of (1) BI dry chemical fire extinguishers is in the red.

Investigate further and repair or renew as necessary.

B.60 (PAGE 15) SOUND DEVICES:None Sighted.

FINDINGS RECOMMENDATIONSNo sound device onboard. Comply with USCG regulations for Sound

Devices.

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IV. FINDINGS AND RECOMMENDATIONS

Page 30 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.61 (PAGE 15) SHAFT BEARING (CUTTLESS BEARING):Cuttless bearing showed signs of wear and sloppiness or end play.

FINDINGS RECOMMENDATIONSShaft bearing shows signs of wear and end play.

Investigate further. Replace as necessary. By a full service by an expert.

B.62 (PAGE 16) RUDDER(S) MATERIAL:One (1) FRP (fiber reinforced plastic).

FINDINGS RECOMMENDATIONSThe rudder FRP is damaged on the bottom. Further investigate and repair as necessary.

B.63 (PAGE 16) ZINCS:None

FINDINGS RECOMMENDATIONSNeed all new zincs. Further investigate and repair as necessary.

B.64 (PAGE 16) CONDITION OF BOTTOM PAINT:Bottom paint is thin and is in need of repainting.

FINDINGS RECOMMENDATIONSBottom paint is thin and chipping off in places. Sand and repaint.

B.65 (PAGE 16) NUMBER OF UNITS:Two (2) self contained (2) digital controls.

FINDINGS RECOMMENDATIONSAll A/C filters are missing. Further investigate and repair as necessary.

B.66 (PAGE 16) NUMBER OF UNITS:Two (2) self contained (2) digital controls.

FINDINGS RECOMMENDATIONSThe aft AC has surface corrosion. Further investigate and repair as necessary.

B.67 (PAGE 16) BTU CAPACITY:12,000 BTU10,000 BTU

FINDINGS RECOMMENDATIONSThe forward cabin/salon AC will not cool the forward cabin.

Further investigate and repair as necessary.

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IV. FINDINGS AND RECOMMENDATIONS

Page 31 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.68 (PAGE 16) DRIP TRAYS:Yes, one for each unit.

FINDINGS RECOMMENDATIONSThe drip tray for the A/C is draining into the bilge.

Further investigate and repair as necessary.

B.69 (PAGE 18) OBSERVATIONS:

1. The engine started without excessive cranking.2. The engine exhaust appeared normal.3. The cooling water exhaust appeared adequate and normal.4. The engine instruments did not operate within normal operating limits at idle, cruising speed, and maximum throttle.5. Engines reached full throttle.6. The steering system operated normally.7. The throttles operated normally.8. The transmissions operated normally/smoothly.9. The backdown test was satisfactory.10. There were no excessive vibrations noted.

FINDINGS RECOMMENDATIONSThe engine was jump started. Investigate further. By a full service expert.

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IV. FINDINGS AND RECOMMENDATIONS

Page 32 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.70 (PAGE 18) OBSERVATIONS:

1. The engine started without excessive cranking.2. The engine exhaust appeared normal.3. The cooling water exhaust appeared adequate and normal.4. The engine instruments did not operate within normal operating limits at idle, cruising speed, and maximum throttle.5. Engines reached full throttle.6. The steering system operated normally.7. The throttles operated normally.8. The transmissions operated normally/smoothly.9. The backdown test was satisfactory.10. There were no excessive vibrations noted.

FINDINGS RECOMMENDATIONSAll of the engine gauges were inoperable. Investigate further. By a full service expert.

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IV. FINDINGS AND RECOMMENDATIONS

Page 33 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.71 (PAGE 18) OBSERVATIONS:

1. The engine started without excessive cranking.2. The engine exhaust appeared normal.3. The cooling water exhaust appeared adequate and normal.4. The engine instruments did not operate within normal operating limits at idle, cruising speed, and maximum throttle.5. Engines reached full throttle.6. The steering system operated normally.7. The throttles operated normally.8. The transmissions operated normally/smoothly.9. The backdown test was satisfactory.10. There were no excessive vibrations noted.

FINDINGS RECOMMENDATIONSThe engine had a oil leak on the front seal. Investigate further. By a full service expert.

B.72 (PAGE 18) TURNBUCKLES:Stainless turnbuckles.

FINDINGS RECOMMENDATIONSThe turnbuckles protective covers are missing their ends.

Further investigate and repair as necessary.

B.73 (PAGE 18) TANG ENDS:Yes

FINDINGS RECOMMENDATIONSThe boom to mast pin is not in the fitting properly.

Further investigate and repair as necessary.

B.74 (PAGE 19) WINCHES:Two (2) Lewmar: Two (2) 40 and two (2) 54.

FINDINGS RECOMMENDATIONSAll winches are stiff. Investigate further and repair or renew as

necessary.

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IV. FINDINGS AND RECOMMENDATIONS

Page 34 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

B. OTHER DEFICIENCIES NEEDING ATTENTION:B.75 (PAGE 19) TOPPING LIFT:Yes

FINDINGS RECOMMENDATIONSThe topping lift line is worn. Investigate further and repair or renew as

necessary.B.76 (PAGE 19) HALYARDS:Halyards were braided and color coded no wire splices were observed.

FINDINGS RECOMMENDATIONSThe halyards are all worn. Investigate further and repair or renew as

necessary.B.77 (PAGE 19) MAINSAIL:Doyle

FINDINGS RECOMMENDATIONSThe mainsail stitching is aged. Investigate further. Repair or replace as

necessary. Full service by an expert.B.78 (PAGE 19) HEADSAIL:Doyle Roller furling 120 %

FINDINGS RECOMMENDATIONSThe headsail stitching is worn. Further investigate and repair as necessary.

B.79 (PAGE 19) SAIL COVERS & BOOTS:Doyle: Sail pack.

FINDINGS RECOMMENDATIONSAll of the sail covers are worn. Further investigate and repair as necessary.

B.80 (PAGE 20) BATTEN POCKETS:Yes

FINDINGS RECOMMENDATIONSThe sail pockets are worn. Further investigate and repair as necessary.

C. SURVEYOR'S NOTES AND OBSERVATIONS:C.1 (PAGE 5) COCKPIT:Yes

FINDINGS RECOMMENDATIONSCockpit deck teak is dirty. Clean

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IV. FINDINGS AND RECOMMENDATIONS

Page 35 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

C. SURVEYOR'S NOTES AND OBSERVATIONS:C.2 (PAGE 8) FAUCET FIXTURES:Faucet and fixtures in the vessel were on demand.

FINDINGS RECOMMENDATIONSThe faucets on the vessel are corroded. Investigate further and repair or renew as

necessary.NOTE: If cruising more than 25 nautical miles offshore it is also recommended that a USCG approved self-inflating life raft be fitted to the vessel. And a first aid kit and small manual watermaker be added to the ships safety gear.

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V. SUMMARY AND VALUATION

Page 36 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

STATEMENT OF OVERALL VESSEL RATING OF CONDITION:It is the surveyor's experience that develops an opinion of the OVERALL VESSEL RATING OF CONDITION After a the survey has been completed and the findings have been organized in a logical manner.The grading of condition, developed by BUC RESEARCH, and accepted in the marine industry, for a vessel at the time of survey, determines the adjustment to the range of base values in the BUC USED BOAT PRICE GUIDE, for a similar vessel sold within a given time period, as a consideration to determine the Market Value.The following is the accepted marine grading system of condition:

''EXCELLENT (BRISTOL) CONDITION'', is a vessel that is maintained in mint or bristol fashion - usually better than factory new - loaded with extras - a rarity.

''ABOVE AVERAGE CONDITION'', has had above average care and is equipped with extra electrical and electronic gear.''AVERAGE CONDITION'', ready for sale requiring no additional work and normally equipped for her size.''FAIR CONDITION'', requires usual maintenance to prepare for sale.''POOR CONDITION'', substantial yard work required and devoid of extras.''RESTORABLE CONDITION'', enough of hull and engine exists to restore the boat to usable condition.

As a result of my investigation, as shown in the SYSTEMS AND FINDINGS AND RECOMMENDATIONSsection of this REPORT OF SURVEY, and by virtue of my experience, my opinion isOVERALL VESSEL RATING:

AVERAGE

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V. SUMMARY AND VALUATION

Page 37 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

STATEMENT OF VALUATION:1. The ''FAIR MARKET VALUE'' is the most probable price in terms of money which a vessel should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus.Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby:

a. Buyer and seller are typically motivated.b. Both parties are well informed or well advised, and each acting in what they consider their own best interest.c. A reasonable time is allowed for exposure in the open market.d. Payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; ande. The price represents a normal consideration for the vessel sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale.

Therefore, after consideration of the reliability of the data, the extent of the necessary adjustments and condition of the vessel, it is your surveyor's opinion that the ''FAIR MARKET VALUE'' of the subject vessel is:

$200,000.00Two Hundred Thousand Dollars and Zero cents

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V. SUMMARY AND VALUATION

Page 38 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

SUMMARY:In accordance with the request for a marine survey of the "Sample", for the purpose of evaluating its present condition and estimating its Fair Market Value. I herewith submit my conclusion based on the preceding report. The subject vessel was personally inspected by the undersigned on 9/25/09 and was found to be a well constructed, appointed and comfortable vessel. Subject to correction of deficiencies listed in section IV A. (Safety), the vessel is considered to be suitable for its intended use. Other deficiencies list should be attended to in a timely fashion.

SURVEYOR'S CERTIFICATION:I certify that, to the best of my knowledge and belief:

The statements of fact contained in this report are true and correct.The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, unbiased professional analyses, opinions, and conclusions.I have no present or prospective interest in the vessel that is the subject of this report, and I have no personal interest or bias with respect to the parties involved.My compensation is not contingent upon the reporting of a predetermined value or direction in value or direction in value that favors the cause of the client, the amount of the value estimate, the attainment of a stipulate result, or the occurrence of a subsequent event.I have made a personal inspection of the vessel that is the subject of this report.

This report is submitted without prejudice and for the benefit of whom it may concern.

ATTENDING SURVEYOR:

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VI. PHOTOGRAPHS

Page 39 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

Beneteau 47 Beneteau 47

Beneteau 47 Beneteau 47

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VI. PHOTOGRAPHS

Page 40 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

Rudder to hull Beneteau 47

Beneteau 47 Beneteau 47

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VI. PHOTOGRAPHS

Page 41 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

Rudder Damage Beneteau 47 C

Beneteau 47 Beneteau 47

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VI. PHOTOGRAPHS

Page 42 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

Beneteau 47 Beneteau 47

Beneteau 47 Beneteau 47

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VI. PHOTOGRAPHS

Page 43 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

Beneteau 47 C Beneteau 47

Beneteau 47 Beneteau 47

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VI. PHOTOGRAPHS

Page 44 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

Beneteau 47 Beneteau 47

Beneteau 47 Beneteau 47

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VI. PHOTOGRAPHS

Page 45 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

Beneteau 47 C Beneteau 47

Beneteau 47 Beneteau 47

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VI. PHOTOGRAPHS

Page 46 of 46"Sample" surveyed by Birely Marine Services Inc. - Stuart, FL 34997

Beneteau 47 Beneteau 47

Beneteau 47 Beneteau 47 C