31 STARBOARD AVE. JAMESTOWN, RHODE ISLAND 02835

Ph: (401) 851-2041 Fax: (401) 633-7686

E-Mail:info@azimuthmarinesurvey.com

Web address: www.azimuthmarinesurvey.com

31 Starboard Ave. Jamestown, RI 02835

31 STARBOARD AVE. JAMESTOWN, RHODE ISLAND 02835

SURVEYING & CONSULTING

Capt. Jeffrey R. Stone Tel: (401) 851-2041 jrichmond7@juno.com

SURVEY REPORT #140N10 By Request of: xxxxxxxxxxxxxxxxx

xx xxxxxx xxxxxx xxxxxxx xxxx xxxxxx xxx xxxxxxxxx xxx xxxxxx

Phone: xxx xxx xxxx Fax/E mail: xxx xxx xxxx / xxxxxxxxxxxx Date: November 10, 2007 - systems, interior &deck / November 15, 2007 – hull – topsides

and bottom, and rig Vessel Name: “MISTY” Type: Auxiliary Sail Service Area: New England Coastal Waters Official #: 1069508 Certificate aboard / numbers attached: Yes/Yes Hull ID #: BEY75029F898 Purpose of Survey: Condition and valuation for purchase. (Note: this survey is not to be used for transfer to a third party or use other than intended) Where Surveyed: In water & drydock @ NEB and Eastern Yacht Sales yard, Portsmouth, RI Attending: Surveyor Brokerage/Agent: xxxxx Xxxxxxxxx xxxxxxxxxxxx Phone: xxx xxx xxxx Fax/E mail: xxx xxx xxxx / xxxx@xxxxxxxxxxx Estimated Fair Market Value: $ xxxxxxxx Estimated Replacement Cost: $ xxxxxxx (As she lays) (New; similar construction)

OWNER of RECORD: xxxxx xxxxx Xxxxxx xxx xx Xxxxxxx xxx xxxxx

Page 2 of 10 Survey #140N10

VESSEL PARTICULARS

Builder: Beneteau Designer: Groupe Pinot Year Built: 1998 Model: Oceanis 411 LOA: 40’ 05” LWL: 36’ 01” Beam: 13’ 00” Draft: 4’ 09” Air Draft: 58’ 05” Displacement: 17,196 Lbs. Ballast (type/amount): Cast Iron / 5,500 Lbs. Hull Type: Fin keel / spade rudder Material/Color: Fiberglass / white Speed: 8 Kts + HULL AND SUPERSTRUCTURE:

Deck: Non-skid fiberglass, Balsa core Cabin Sole: Teak and Holly veneer plywood Bulkheads: Teak veneer plywood Hatches&Ports-Gaskets: Lewmar hatches and

opening ports. Gaskets, dogs and hinges appear in good condition - secure and with no apparent leaks

Construction Scantlings: Single skin gel coat over multiple layers of resin impregnated fiberglass. Bonded “hat section” interior keel grid to the turn of the bilge and full length of the hull

Hull/Deck Joint: Horizontal Plane - internal flange / Bonded and SS screwed – Appears well bonded no evident working of the joint, no apparent leaks

Superstructure/Layout: Low trunk forward to aft cockpit / chain locker way forward with watertight collision bulkhead. Head way forward with the forward cabin next aft. A double berth lays to stbd with a small settee and hanging locker opposite. Through a door to the saloon. The saloon has “U” shaped settee to stbd w/ a dining table off centerline. A straight settee is opposite. The nav table w/ electronics and AC and DC distribution panels are at the aft end of the settee. Opposite the nav station is the “L” shaped galley. Aft of the nav station is the aft head, then through a door to the aft cabin with a large double and hanging locker fwd and outboard. Engine access is from the aft cabin as well as the galley and behind the companionway.

General Condition: - The hull (topsides and bottom), deck, rudder, interior bulkheads and stringers were examined visually, with a “Protimeter” moisture meter and with a sounding hammer;

• Bottom - found smooth, fair and no delamination or osmotic blisters were noted. No apparent moisture intrusion to the bottom.

• Rudder – appears sound w/ no moisture intrusion and no apparent separation of FRP from the core – bearings in good condition.

• The topsides - Clean and fair. The topside paint has oxidized and there are some light scuff marks and scratches. No significant blemishes to note.

• The decks – Secure and in good condition w/ no lifting or separation noted. Moisture content recorded everywhere was low. Percussion sounding showed no apparent lifting or separation of the deck or laminates.

• The interior – The varnish is in good condition overall.

Page 3 of 10 Survey #140N10

• Bulkheads, tabbing and keel grid – in good condition w/ no separation of tabbing, or areas appearing “worked”

• The vessel was found in “good” overall condition. Weather at time of survey: Mostly cloudy Air temp mid 40’s. Wind Northerly ay 25 Kts 11/10/07 Overcast w/ rain showers mid 40’s wind South at 25 kts – 11/15/07 PROPULSION SYSTEM

General Condition: Engine was not tested, Vessel arrived on its own bottom from NJ the preceding day. The drip pan has an oil saturated absorbent pad. Oil would appear to be a result of oil loss during the changing of the oil filter. The engine is generally clean and dry with no apparent fluid leaks.

Type: Diesel Hours: Hours unknown – no hour meter sighted Manufacturer: “Yanmar” Model: 4JH2E Serial Number: 10970 #Cylinders/HP: 4 / 51 Year/Year rebuilt: Assumed Original Cooling System: Fresh water heat exchanger Alarms: Yes Gauges: Full @ helm Exhaust(s): Reinforced hose Silencer(s): Plastic “Vetus” In-line Reduction Gear: “KBW 20” Ration 2.62:1 Belts/Hoses: Appear good Shaft: 1“ Stainless Steel Stuffing Box: Dripless (Note) Strut/Bearing: Single leg Bronze / Cutlass – good Propeller: 3 bladed Bronze “Max Prop” (Note) Controls: Single lever Eng. Beds/Mounts: HD stringers / Appear good

MECHANICAL SYSTEMS

General Condition: Good – All gear tested and found operational, except as noted

Eng.Rm.Ventilation: Natural (33 CFR 183.610) Insulation: Foam Wheel/Tiller: SS wheel Steering Gear: Cable to quadrant Emergency Steering: Tiller – sighted, not fitted or

tested Rudder: Foam filled FRP Rudder Post Gland: Tube and bearing Bilge Pump(s)-Manual: Diaphragm in cockpit Auto: “Par” Diaphragm w/ float Potable Water-Manual: None Pressure: “Shur-Flo” w/ accumulator Air conditioning/Heating: (2) “Crusaire” 7 and 12K Btu – Air handlers and compressors

powered up. Raw water circulation pump did not pump for the aft compressor (Note) Head(s): (2)“Jabsco” manual Holding Tank: Yes – see Tankage and Plumbing

Page 4 of 10 Survey #140N10

Macerator: None – no discharge from holding tanks except through deck fittings USCG Approved: Yes w/ “Y” valve (33 USC 159) Showers: Handheld in both heads and on swim platform Sump/Pump: (2) “Par” Diaphragm for shower drain. On same circuit is a third pump of the

same type for refrigeration pump out. Anchor Windlass: “Simpson Lawrence” 12vdc Zincs: Need replacing (Note)

ELECTRICAL SYSTEMS

General Condition: Good – All gear tested and found operational, except as noted DC-Batteries/Amps: (1) 12v Gp27 engine start, (1) HD 4D, (2) 6v in series for 12v House Boxes: Plastic w/tops straps Approved: Yes (ABYC E 10.7.1 – 10.7.12) Battery fluid level: Good Condition of terminals: Good Engine Alternator/Amps: “Balmar” 100 amp Inverter /Charger/Amps: “Freedom 25” / 25 amp vdc, “Heart/Link 2000” Remote monitor

panel Vapor Proof Switch(es): Custom at engine access panel in aft cabin Panel Location: At nav station Circuit Protection: Magnetic breakers & fuses Wiring: Stranded copper Installation: Well loomed compliant w/ NFPA 302 7-13.4 AC-Shorepower: (2) 30 amp cable – Line one has Charger, water heater and AC outlets. Line

two has two Air conditioner units. Power on indicator light (led) out on Line 1. (Note) Generator/KW: None Serial #/Hours: NA Location: NA Sound Shielded: NA Cabin Lights: 12v – good – Stbd fwd saloon light is loose in its mount (Note) Spreader Lights: 12v – fore deck light is inoperative (Note) Navigation Lights: 12v – stern light is inoperative (Note) Anchor Light: 12v - Not observed Searchlight: 12v Handheld Hot Water Heater: “Atwood” 6 Gallon - 120vac & engine – Not tested Bonding system / Condition: None – Lightening protection – bonding wire on stbd chain

plate – good condition

GALLEY EQUIPMENT

General Condition: Good – All gear tested and found operational, except as noted Sink(s): Stainless Steel Refrigeration: “Adler Barbour” remote DC compressor. Powered up Stove Type: “Force 10” Propane # Burners/Oven: Two w/ oven Tank Stowage: After cockpit locker – Locker is designed for two tanks. One only was aboard Safety Solenoid: Yes w/ gauge Approved: Yes (ABYC A-1.6 - 1.10) Supply lines: Protected where pass through bulkheads and vessel structure (NFPA 320 6-

5.10.4.2 Microwave: “GE” Not tested

Page 5 of 10 Survey #140N10

TANKAGE AND PLUMBING

General Condition: Good – all gear, tanks and plumbing found in good condition – no apparent leaks - operational

# Fuel Tanks/Capacity: One / 39.5 Gals Material: Aluminum Location: Under aft berth How Secured: Framing Accessibility/Condition: Ltd / appears good Fills/Vents/Overflows: On deck / topside Fuel Lines/Clamps: Neoprene - approved Filters: “Racor R20S” and secondary Shut-off Valve/Manifold: At tank with actuator

cable – tested – god condition Fuel tank and shut off valve

# Water Tanks/Capacity: Two / 158 Gals Material: FRP – integral to hull Location: Under fwd and aft berths How Secured: Molded - integral Accessibility/Condition: Ltd / appears good Fills and Vents: On deck topsides Hoses/Clamps: Good Filters: Yes – strainer in line at pump Valves/Manifold: At pump – under stbd settee

# Holding Tank/Capacity: Two / Capacity unknown Material: Integral in each head

Thru-Hull Fittings/Valves: Bronze ball valves Approved: Yes (ABYC H – 27.4, 27.5) Condition: Working Clamps/Hoses: Double / reinforced Tapered Plugs?: At each through hull valve below LWL – No (Note) Anti-Siphon Loops: Main engine raw water pick up – no apparent leaks Raw water Strainers: Plastic – no apparent leaks Hose Chafing?: None Observed

ELECTRONICS/NAVIGATION EQUIPMENT

General Condition: Good – All gear tested and found operational, except as noted

Compass(es): “Plastimo” 4 inch VHF Radio: “Raytheon Ray 45” Autopilot: “Raytheon ST 6000” Powered up and

responded to helm commands. Ability to hold course was not tested

Speed Log: “Raytheon ST50” speed impeller found missing one of four vanes on the impeller. It is noted that a replacement was found aboard

Wind Indicator: “Raytheon ST50” & “Windex” Depthfinder: “Raytheon ST50” Radar /GPS: “Raytheon RL70” Black and white LCD w/plotter and radar. Units powered up.

Radar function warns “Scanner not responding” (Note) Stereo/Radio: “Sony” AM/FM -CD/MP3

Page 6 of 10 Survey #140N10

DECK EQUIPMENT

General Condition: Good – all gear operational Anchor(s): CQR type est. 35 Lbs. Chain/Rode(s): 5/16” / 3/4” 3 strand – appears in good condition and suitable to vessel size

and service Bow Roller(s): SS on stem Bow/Stern Pulpit: 1” Stainless Steel / 1” SS Stanchions/Lifelines: 1” SS / double wire – Fwd stbd stanchion lose in mounts, appears

bent (Note) Docklines: Misc. braid Fenders: Medium pneumatic Covers: Bimini Swim Ladder: SS and plastic

SPARS, RIGGING AND SAILS

General Condition: Good – main sail exit fairing is plastic and cracked on stbd side bottom. Rig and all its components were examined on the ground. All hardware, mast welds, wire end terminals, bolts and pins were found in good condition.

Type of Rig/# Masts: Sloop / One Material: Aluminum Where Stepped: On deck Condition of Step: Good – compression post at keel and

keel grid below found secure and in good condition. Deck step and spar heel found clean and in good condition – free of corrosion

Keel bolts: SS – Appear good at heads Standing Rigging: 1x19 SS wire Condition: Appears good Terminals: Swaged with flared end fittings aloft Turnbuckles/(pins?): SS / yes Chainplates/Stem: SS Spinnaker Pole/Reaching Strut: Aluminum Running Rigging: Dacron braid Condition: Serviceable Winches: “Lewmar” 2 x #48ST, 2 x #40ST Spreaders: Discontinuous rigging sockets and tangs

found in good condition Rigging details (vang/traveler,etc.): Rope vang,

split backstay. In mast mainsail furler (not tested, visually inspected and found in god condition. “Pro Furl” roller furling headsail – roller furler and components inspected and found in good condition

Sail inventory: Main, roller jib. Not inspected

Page 7 of 10 Survey #140N10

SAFETY/REQUIRED EQUIPMENT

General Condition: Vessel must be brought into compliance as noted below Throwable Device: None sighted (Note) PFD’s: USCG Type II (33 USC 175) None sighted (Note) VDS: (33 USC 175) None sighted (Note) Horn/Bell: None sighted / NA (Note) Radar Reflector: “Suggested” Oil/Pollution Placards: Yes / Yes (33CFR151.9) Fire Extinguishers: (3) 3# ABC dry chemical Condition: Gauges in green (Note) Fixed Fire System: Halon FE241 (Suggested) CO detector/ Gas sniffer: “Recommended” / “Suggested” (Note)

REMARKS AND RECOMMENDATIONS

This Beneteau 411 was found in overall good condition. Deficiencies noted being relatively minor and easily rectified. All structural elements – keel grid, hull/deck joint, bulkheads and tabbing, deck, rudder and etc were found in good condition with no evidence found of “working”, moisture intrusion, cracks or delamination. Except as noted, all systems appeared to operate as designed. The ballast keel was found straight and true with no evidence of grounding In as far as may be ascertained from a general inspection, without making extensive removals or opening up to expose ordinarily concealed areas, and without taking borings to determine thickness or soundness of structures and members, or testing for tightness of components. Upon compliance with the following required items, this vessel should represent a sound financial and insurance risk. Note: The N.F.P.A. National Fire Protection Association, and ABYC (American Boat and Yacht Council), do not represent legal requirements, only safety standards. Non -conformity can affect insurance. U.S.C.G Requirements are law by the Federal Boat Safety Act of 1971.

REQUIRED NOW:

1. Assure that a minimum of two serviceable (no rust, gauge in green) USCG-approved type B-I (or one type B-II) handheld ABC fire extinguishers are mounted in prominent locations (46CFR28.155). ABYC recommends annual servicing and tagging.

2. Assure a minimum of (3) visual distress signals are aboard that have future expiration dates. (consider SOLAS standard) (46CFR28.145)

3. Assure PFD’s for all persons aboard are carried while the vessel is away from the dock (33 USC 175).

4. Assure that all navigational lights are operational. Stern light out.

5. A Throwable life saving device must be carried while the vessel is away from the dock – viz: Lifering or Lifesling or comparable.

6. A sound making device must be carried while the vessel is away from the dock – handheld freon or comparable.

7. Remove oil saturated pad from engine bilge.

Page 8 of 10 Survey #140N10

AT OWNER’S DISCRETION / IN NEAR FUTURE:

Hull and superstructure

8. Suggest regular pressure hose test to all ports and hatches to check watertight integrity and examine rubber gaskets for cracking.

9. Suggests replacing or reattaching the molding on the galley fwd opening port.

10. Suggest straightening and tightening of stbd fwd lifeline stanchion.

Propulsion system

11. Suggest annual service to the propeller – as per manufacturers recommendations.

Mechanical systems

12. Shaft and rudder stuffing glands should be checked monthly, thru-hull valves should be operated at the same time to maintain operating condition. They all should be serviced and zincs replaced as necessary at each haul-out. Note that Dripless packing glands are not maintenance free. The shaft and gland must be kept free of scoring and salt deposits, and the hose clamps should be changed regularly

13. The AC system recirculation pump is functional but does not operate when called on by the aft AC unit – repair as necessary.

Electrical systems

14. Suggest replace the fore deck light bulb.

15. Suggest reattaching the stbd fwd saloon overhead light.

16. Replace the AC “power on” indicator LED on line one.

Electronics/Navigation equipment

17. Repair radar scanner. Scanner found inoperative.

18. Replace the speed impellor with the spare carried aboard

Spars, rigging & sails

19. Suggest replacing the plastic fairing molding on stbd side of sail exit on main mast.

Safety Equipment

20. Carbon monoxide is a potentially deadly gas produced any time a carbon-based fuel, such as gasoline diesel, propane, charcoal or oil, burns. On board sources include gasoline and, to a lesser degree, diesel engines, generators, cooking ranges and space and water heater. Carbon monoxide is called the “silent killer” for good reason: exposure to low levels of the odorless, colorless gas can result in symptoms that mimic seasickness such as nausea, headache, dizziness and drowsiness. The installation of marine grade carbon monoxide detectors in all enclosed living spaces is thus strongly recommended. And, ventilation of fresh air into cabins, even when air conditioners or heaters are running, is essential.

21. Suggest carrying appropriately sized soft wood tapered plugs at each thru hull fitting below the LWL as a precaution against fitting failure.

Page 9 of 10 Survey #140N10

ADDITIONAL PHOTOS:

Photos In this report may be enlarged or extracted from the report for printing etc by selecting the photo and copying then pasting to photo editor. This is not possible if received as a PDF file. Lightening protection @ stbd chainplate Mast compression post, keel grid

and keel bolts Water and bilge pumps - manifold Spreader sockets

Page 10 of 10 Survey #140N10

DEFINITION OF TERMS: The following is this surveyor's marine grading system of condition and is applied to general condition of the vessel as well as to the sub headings in the body of the report:

“EXCELLENT (BRISTOL) CONDITION'' is a vessel that is maintained in mint or Bristol fashion.

''GOOD CONDITION'' has had above average care and is equipped with good quality gear in good condition. Only minor cosmetic or structural deficiencies noted.

''FAIR CONDITION'' Denotes that system, component or item is functional as is with minor repairs.

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

“POWERS UP” Power was applied only. It does not refer to the operation of any system or component.

SURVEY LIMITATIONS and SCOPE: 1. The mandatory standards promulgated by the USCG under Title 46 United States Code (USC), Title 33 and 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 Prevention Association (NFPA) have been used as guidelines in the conduct of this survey. 2. The survey, which is this subject of this report, was conducted in accordance with generally accepted marine standards and criteria utilized in the marine surveying industry. Parts of most vessels cannot be examined due to inaccessibility, Some removal procedures add greatly to the time involved and, consequently to the cost. Therefore such procedures are not performed unless specifically requested or recommended. Engine surveys and oil analysis are separate surveys and are recommended. Surveyors do not: Test the vessel, hull or tanks for tightness or leaks; Unload cluttered holds or lockers; clean bottoms; operate the vessel. It is pointed out that where wood decay is involved, it is not unusual for repairs to uncover previously hidden additional decay. 3. We recommend surveyor attendance underway to test gear under working conditions. The vessel was examined in the water and / or drydock (see page one for details). The hull, deck, and house were sounded for structural integrity. Moisture meter readings, where referenced in this report were taken with a “GE Protimeter”. Sole boards were lifted and accessible drawers and lockers were opened for inspection. Machinery, electrical and electronic equipment were operated except as noted.

• Attendance underway: _____JRS____Declined ________Accepted 3. The report is confined to the surveyor's opinion as to the general physical condition and estimated value of the vessel, it is not to be considered an inventory or a warranty either specified or implied. Nor does this report include a determination as to the seaworthiness of the vessel, include stability tests necessary to determine such limitations, nor does it attempt to itemize waters unsuitable for the vessel's use. 4. In no event shall the legal liability of the undersigned exceed the fee paid by the requesting party regardless of claims or suits. In accepting this survey, it is understood that the company and its surveyors have used their best endeavors to ensure that the functions of survey have been properly executed. Signed without prejudice, Jeffrey R. Stone: Society of Accredited Marine Surveyors (AMS #845 Y, SC)

Master, 1600 Gt. Ocean (401) 851-2041