Silverton 34C Sample Survey

7/22/2019 Silverton 34C Sample Survey

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TIPTON MARINE SURVEYS

1989 Silverton 34 Convertible

" Sample Survey"

530 Donna Dr. Lenoir City, TN 37771(865) 816-3690 Cell (865) 406-3029

MEMBER OF SOCIETY OF ACCREDITED MARINE SURVEYORS


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Report of Marine Survey

Of The Vessel

" Samp le Survey"

1989 Silverton 34 Convertible

Conducted byJames R. Tipton

Surveyor Associate, SAMS

PREPARED EXCLUSIVELY FOR:

Removed for Privacy

May XX, 201X

MEMBER OF SOCIETY OF ACCREDITED MARINE SURVEYORS


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TABLE OF CONTENTS

TOC" Sample Survey"surveyed by Tipton Marine Surveys- Lenoir City, TN 37771

SECTION PAGE NO

I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INTRODUCTION 1

II. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .GENERAL INFORMATION 4

III. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SYSTEMS 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .HULL, DECK AND SUPERSTRUCTURE 6

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PROPULSION 9

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FUEL SYSTEM 12

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .ELECTRICAL SYSTEM(S) 12

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .FRESH WATER SYSTEM 14

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SANITATION 15

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .AIR CONDITIONING AND HEAT 16

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .STEERING SYSTEM 16

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .GROUND TACKLE 16. . . . . . . . . . . . . . . . . . . . . . . . . . . .ELECTRONICS AND NAVIGATION EQUIPMENT 17

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . THRU-HULLS 18

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SAFETY EQUIPMENT 20

IV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .FINDINGS AND RECOMMENDATIONS 22

V. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .SUMMARY AND VALUATION 28

VI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PHOTOGRAPHS 31

TOC" Sample Survey"surveyed by Tipton Marine Surveys- Lenoir City, TN 37771
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I. INTRODUCTION

Page 1 of 34" Sample Survey"surveyed by Tipton Marine Surveys

Lenoir City, TN 37771

SCOPE OF SURVEY

Acting at the request of Removed for Privacy, the attending surveyor conducted an in the wateInsurance Marine Survey of the "Sample Survey" a 1989 Silverton 34 Convertible, beginning onMay XX, 201X at 09:15 A.M. through 2:30 P.M. where she was docked at Removed for PrivacyThe weather was mild with temperatures rising to the mid eighties. The ship's papers were not

available. The Hull Identification Number (HIN) (Removed for Privacy) was verified on thetransom. Neither a sea trial nor an out of the water inspection of underwater machinery and theexterior of the hulls wetted surface area was performed.

The reason for the survey, was to ascertain the physical condition and value of the vessel forRemoved for Privacy for insurance renewal. AC and DC power was used to check the operatiof the electrical systems specified in this report only. Electronic equipment was checked for''power up'' only. No reference or information should be construed to indicate evaluation of theinternal condition of the engines or the propulsion system's operating capacity.

This vessel was surveyed without removal of any parts, including fittings, tacked carpet, screwe

or nailed boards, anchors and chain, fixed partitions, instruments, clothing, spare parts andmiscellaneous materials in the bilges and lockers, or other fixed or semi-fixed items. Lockedcompartments or otherwise inaccessible areas would also preclude inspection. The owner isadvised to open up all such areas for further inspection. Further, no determination of stabilitycharacteristics or inherent structural integrity has been made and no opinion is expressed withrespect thereto. This survey report represents the condition of the vessel on the above dates, ashould not be considered an inventory or a warranty either specified or implied.

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 THEVOLUNTARY STANDARDS AND RECOMMENDED PRACTICES DEVELOPED BY THEAMERICAN BOAT AND YACHT COUNCIL (ABYC) AND THE NATIONAL FIREPROTECTION ASSOCIATION (NFPA) HAVE BEEN USED AS GUIDELINES IN THECONDUCT OF THIS SURVEY.

Any moisture readings taken and referenced within the body of the report, were takenwith a Ryobi Moisture meter.

The use of the word ''appears'' is intended to indicate that a close or completeinspection 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 surveywas conducted.

Use of asterisks * in the body of the report will indicate that a finding will be listed in theFindings and Recommendations section pertaining to the asterisked item, following thebody of the report.

Where installation of double hose clamps are recommended throughout this report, it isunderstood that double clamps should only be installed where there is sufficient length


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I. INTRODUCTION



of tailpiece / pipe available and hose length overlap to allow correct installation. Noclamp shall be installed closer than 1/4" to the end of the hose and must fully engage thetailpiece / pipe or fitting. Any clamp extending over the end may cause the hose to becut internally or force the hose off the fitting and is an incorrect installation.


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I. INTRODUCTION



VESSEL DESCRIPTION

The "Sample Survey" is a 34' Silverton Convertible powered by twin Crusader 454 engines. Sh

is well equipped and is built with an open deckplan. The vessel is entered via a cockpit transom

door across a 30" swim platform that spans the breadth of the vessel. Standing on the aft deck

you can climb the ladder to the bridge deck or enter the main cabin via a sliding glass door. Th

bridge deck is sheltered by a Bimini enclosure with clear vinyl providing all around visibility. Th

are two swivel seats provided for the captain and observer, along with a bench seat along the

starboard bulkhead. A Full set of instrumentation along with VHF Radio and GPS Map Display

along with a small chart table area is provided for the safe navigation of the "Sample Survey".

Entering the main cabin via the sliding glass door one lands on an open seating area that is

covered with tan carpeting. Curtained windows flow forwards along both sides of the vessel. Tforward windows are blanked out with fabric coverings for privacy. The deck also provides

access to the engine compartment through three removable panels. A small ladder leads dow

the galley and dining area. The galley has a two burner glass cooktop, a stainless steel round

sink, microwave and refrigerator. The dining area provides seating for five to six people and

converts to a bed. Two access panels in the carpeted deck provide access to the main bilge.

Continuing forward and to starboard is a head with enclosed shower stall, sink and marine toile

At the head of the bow is the Master Stateroom a good sized cabin with island berth and cabine

for personal item storage to each side.

The large foredeck of the "Sample Survey" is accessed by catwalks equipped with grab rails on

either side of the superstructure. It is enclosed by a continuous stainless steel railing system

leading forward to and enclosing the anchor platform and windlass. The fore deck and catwalk

are painted with a non skid coating for good traction.


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II. GENERAL INFORMATION

GENERAL INFORMATION



. . . . . . . . . . . . . . . . .SURVEY PREPARED FOR: Removed for Privacy

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .DATE: 5/XX/201X. . . . . . . . . . . . . . . . . . . . . . .NAME OF VESSEL: Removed for Privacy

. . . . . . . . . . . . . . . . . . . . . . . .TYPE OF SURVEY: Insurance Condition & Value

. . . . . . . . . . . . . . . .OVERALL VESSEL RATING: ABOVE AVERAGE

. . . . . . . . . . . . . .ESTIMATED MARKET VALUE: $43,100

. . . . . . . .ESTIMATED REPLACEMENT COST: $370,000

. . . . . . . . . .YEAR/MAKE/MODEL OF VESSEL: 1989 Silverton 34 Convertible

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .BUILDER: Silverton Marine, Millville, NJ

. . . . . . .HULL IDENTIFICATION NUMBER (HIN): STNC0090B989

. . . . . . . . .USCG DOCUMENTATION NUMBER: Removed for Privacy

. . . . . . . . . . .STATE REGISTRATION NUMBER: Removed for Privacy

. . . . . . . . . . . . . . . . . . . . . . . . .CLASSIFICATION: Recreational

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .OWNER: Removed for Privacy

. . . . . . . . . . . . . . . . . . . . .OWNER'S ADDRESS: Removed for Privacy

. . . . . . . . . . . . . . . . . . . . . .PLACE OF SURVEY: Removed for Privacy

. . . . . . . . . . . . . . . . . . .DATE/TIME OF SURVEY: May XX, 201X from 09:15 A.M. to 2:30

P.M.

. . . . . . . . . . . . . . . . . . . . . . . . . .HULL MATERIAL: FRP (Fiber Reinforced Plastic) .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .HULL TYPE: Modified-V per Powerboat Guide

. . . . . . . . . . . . . . . .LENGTH OVER ALL (L.O.A).: 34' 6" per Powerboat Guide

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .BEAM: 12' 7" per Powerboat Guide

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .DRAFT: 3' 2" per Powerboat Guide

. . . . . . . . . . . . . . . .DISPLACEMENT (WEIGHT): 13,500 Lbs per Powerboat Guide

. . . . . . . . . . . . . . . . .OVERHEAD CLEARANCE: 13' 5" per Powerboat Guide

. . . . . . . . . . . . . . . . . . . .PROPULSION SYSTEM: Twin 350 HP Crusaders

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .FUEL TYPE: GASOLINE

. . . . . . . . . . . . . . . . . . . . . . . . . .FUEL CAPACITY: 300 US Gallons per Powerboat Guide

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .AC POWER: 120 Volt

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .DC POWER: 12 Volt


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II. GENERAL INFORMATION



. . . . . . . . . . . . . . . .FRESH WATER CAPACITY: 40 US Gallons per Powerboat Guide

. . . . . . . . . . . . . . . . . . . . . . . . . .HOLDING TANK: 28 US Gallons per Powerboat Guide

. . . . . . . . . . . . . . . . . . .INTENDED USE/BUYER: Inshore Cruising

. . . . . . . . . . . . . . .INTENDED CRUISING AREA: Removed for Privacy

DEFINITION OF TERMS:The terms and words used in this report have the following meanings as used in this Report ofsurvey:

APPEARS - Indicates that a very close inspection of the particular system, component or itemwas not possible due to constraints imposed upon the surveyor (e.g. no power available, inabilito remove panels, or requirements not to conduct destructive tests).

FIT FOR INTENDED USE - Suitable for use intended by Survey Purchaser (present orprospective owner).

SERVICEABLE or ADEQUATE - Sufficient for a specific requirement.

POWERS UP - Power was applied only to determine if the system or component would energizIt does not validate 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 the system, component or item is functional as is with minorrepairs. (MONITOR OFTEN)

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

USE OF * - The 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.


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III. SYSTEMS

HULL, DECK AND SUPERSTRUCTURE



HULL CONSTRUCTION

HULL:The hull of the "Sample Survey" is a modified V design with a moderate flare. Thetopsides are white gelcoat with a navy blue boot stripe. Black bottom paint is visible belowthe boot stripe and appears to be in serviceable condition. The topsides have a high glossare undamaged and do not show any sign of blistering. The stem is smooth andundamaged. Above the waterline Thru-hull fittings appear to be in good condition with littleoxidation present. The vessel has a cockpit transom door that is free of blemish andoperates smoothly. A 30" deep swim platform with boarding ladder is affixed to thetransom the surface is sound and without blemish. Moisture readings taken at randomintervals on the topsides and transom were unremarkable.

The hull of the "Sample Survey" is structurally supported via four longitudinal stringers andthree transverse bulkheads with additional intercostals. Tabbing appears to be soundwhere sighted, random percussion soundings on stringers and other structure wasunremarkable. The bilges were fairly clean with a small amount of water in place. The

limber holes were of adequate size and free of debris.

The chain locker located forward was clean and dry with drainage leading into the bilge.

The hull to deck joint sighted from the chain locker appears to be the Overlap type fastenedwith stainless steel fasteners every six inches and glassed over internally.


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III. SYSTEMS




SUPERSTRUCTURE

DESCRIPTION:The superstructure of the "Sample Survey" is molded FRP (Fiber Reinforced Plastic)affixed to the hull with an overlap joint.

The cockpit is in good condition with fine finish on all surfaces. There is a paint blister inthe top surface of the gunwhale approximately ten to twelve inches to starboard of thetransom door. Deck drains located at the aft port and starboard quarters are of adequatesize and free of debris. A hatch inset into the deck provides access to the Generator, FuelTank and Steering mechanism.

The aft bulkhead is penetrated by a full width glass wall with integral sliding glass door. Aladder to port of the entry door ascends to the bridge deck. Sliding and fixed windows lineboth port and starboard bulkheads as well as the forward surface of the main cabin. Four5" x 17" portals to port and starboard and a 23" x 23" hatch located at the bow above theMaster Stateroom provide additional light and ventilation to the interior of the vessel.

Catwalks to each side of the superstructure provide access to the bow.

The vertical and non walking surfaces of the superstructure are in very good condition witha high gloss to all surfaces.

The foredeck is clear and in very good condition. An anchor and windlass is located at thebow pulpit. All deck surfaces appear to be undamaged and do not flex with weight.Moisture readings taken at several locations indicated dry with no evidence of waterpenetration.

The Bridge deck is a secondary molded FRP assembly laid atop the superstructure. Theexterior bulkheads are bright with no visible damage. A blue canvas and clear vinylenclosure surrounds the Bridge deck and is in like new condition. A stainless steel tubestructure supports the enclosure and provides mounting for the antennae. Two vinylCaptain's chairs and a vinyl covered bench seat provide seating at the helm and for thebridge deck in general. All surfaces and materials are in very good condition with no tearsor staining. The control panels at the helm are somewhat sun damaged and oxidized butremain readable and serviceable for their intended function.

COCKPIT:*C1

DECK FITTINGS

BOW PULPIT (BOW RAIL):*C2

A one inch stainless steel bow rail and pulpit extends from midships forward on both sidesending at the pulpit. Some rust staining is evident at the base of the port side pulpitstanchion furthest forward.


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III. SYSTEMS




DECK FITTINGS (cont inued)

FENDER RACKS:Two fender racks are located at the bow to port and starboard of the pulpit. Each isequipped with two Polyform HTM-2 fenders in good condition.

HATCHES:One aluminum and plexiglass 23''X 23'' on foredeck. Appears serviceable.

CHOCKS AND CLEATS:Six (6) stainless steel 10''inch cleats with two fairleads aft in very good condition.

GRAB RAIL:Stainless hand rails along sides of superstructure on vessel. In good condition.

ANCHOR PLATFORM:Molded FRP platform with windlass installed. Appears serviceable.

ADDITIONAL EQUIPMENT AND ACCESSORIES

FENDERS:Four Polyform HTM-2 fenders located at bow in racks.Four Polyform HTM-2 fenders located at stern (three below aft deck, one in port quarter) ingood condition.Three 17" fenders located below aft deck in good condition.

DOCK LINES:Dock lines appear adequate and serviceable.

INTERIOR

DESCRIPTION:The interior of the "Sample Survey" is tastefully appointed in neutral colors with a nauticaltheme. The carpeting is in good condition with no staining or visible wear apparent.Window coverings are in good condition with no sign of fading or dry rot.

Furniture positioned in the Main Cabin is of better quality aluminum framed furnitureupholstered in a nautical motif. Each piece is in good condition. Additional chairs for useon the aft deck are stored to starboard.

The galley fixtures are in good operating condition with no apparent defect. The dinettecushions are in good condition with no visible staining or extraordinary wear. The controlpanel for the Air Conditioning system is located above the dinette and functions normally.

The head is located forward of the galley and is equipped with a self-contained shower,lavatory sink and marine toilet. All fixtures are in good condition.

Storage appears to be adequate for a vessel of this size. Joinery of cabinetry andassociated hardware is well made and without fault.


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III. SYSTEMS




GALLEY

LOCATION:Starboard side of main cabin.

SINKS:Single stainless steel round sink.

REFRIGERATION:Isotherm 12/24 Volt Refrigerator - In operating condition.Model # 1130EE1AA0000Serial # 646081

STOVE/OVEN:EuroKera two burner glass cooktop. Appears serviceable.

MICROWAVE:

Samsung Microwave powers up.Model # MW4530WSerial # 81002221

PROPULSION

MAIN ENGINES

TYPE/MANUFACTURER/LOCATION:The "Sample Survey" is powered by twin Crusader 454 gasoline engines located midshipsunder main cabin deck. The owner reports that the engines are less than four years old.

NUMBER OF CYLINDERS/HORSE POWER:

V8 / 350 HP per Powerboat Guide

SERIAL NUMBER(S):Port EngineModel # C454LHSerial # 80213

Starboard EngineModel # C454RHSerial # 80191

INDICATED HOURS:412.6 Hours per hour meter located at helm.

THROTTLE CONTROLS:Morse / Teleflex single function throttle control.

EMERGENCY SHUT DOWN:None sighted.


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III. SYSTEMS

PROPULSION



MAIN ENGINES (cont inued)

ENGINE MOUNTS AND BED:Engines mounts for both engines appear to be in good condition.

DRIP PANS:None Sighted.

LUBRICATION:Oil level indication is normal both port and starboard. Engine mounted spin on/off canistertype filters.

VENTILATION:Power blowers port and Starboard with flexible pick-up tubing . Natural, flow ventilationprovided by hull vents. Appears adequate.

EXHAUST SYSTEM:

*C3Raw water cooled with cast iron risers and flexible connection, 4'' to in line silencer exitingthrough port and starboard bulkhead mounted fittings. Hose to pipe connections are doublclamped where sighted and appear serviceable. Fasteners at port side bulkhead wherePort Engine exhaust passes through the bulkhead are corroded.

FUEL PUMP:Engine mounted, appears serviceable on both engines.

BILGE BLOWERS:Power blowers port and Starboard with flexible pick-up tubing.

FUEL PUMP TO CARB HOSE:USCG Grade A1

FLAME ARRESTOR:Yes, USCG approved.

FUEL FILTERS:*C4

Remote mounted spin on/off Fuel / Water separators mounted to aft bulkhead of enginecompartment. Labeled 8/24/07

INSULATION:

Aluminized sound deadening insulation was noted in engine room. Appears serviceable.ENGINE ALARMS:

Low oil pressure alarm and coolant over heat warning audible at helm station. Serviceable.

COOLING SYSTEM:Closed fresh water reservoir with heat exchanger and raw water cooled exhausts.


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III. SYSTEMS

PROPULSION



MAIN ENGINES (cont inued)

TRANSMISSION:Velvet Drive TransmissionsPort Transmission - Ratio 1.52:1Model # 10-18-004Serial # 12336

Starboard Transmission - Ratio 1.52:1Model # 10-18-004Serial # 12388

PACKING GLAND:*C5

Flexible stuffing boxes are used for both propeller shafts. They are double clamped asrequired and appear to be in good condition. The starboard engine drip rate was about 30drops per minute. The port engine was near zero.

PROPELLER SHAFT:1 1/4'' stainless steel.

OVERALL CONDITION:The engines appear to be mechanically sound and are maintained in good condition. Noexcessive fluid or oil leakage was sighted. The engine room space was relatively cleanand orderly. Port engine started up immediately when tested. Ran smoothly. Was unableto start starboard engine at time of survey, owner found that starboard transmission controllever was not at neutral position. After correction, engine started fine.

GENERATORS AND INVERTERS

TYPE/MANUFACTURER:Kohler 5 KVA Gasoline Generator located below aft deck. Generator is a closedassembly therefore, fuel pump, fluids and ignition protection for the unit was not checked.

Kohler Model 5ESerial # 2030424763.6 Hours per hour meter on generator.

EXHAUST SYSTEM:Aqua lift type FRP (fiber reinforced plastic). Raw water cooled with metal canister, flexiblecoupling sections double clamped where sighted. Appears serviceable.

NOTE:The generator was unable to be started during the course of the survey using the remotestart switch located at the Main Electrical control panel. Owner stated after survey that theremote switch was not wired following generator replacement, generator starting must beaccomplished at unit. Owner reported that generator started and ran immediately usingpanel at generator after the survey.


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III. SYSTEMS

FUEL SYSTEM



MAIN ENGINE(S) FUEL SYSTEM

FUEL TYPE:Gasoline

TANKS/CAPACITY/MATERIAL:Single 300 Gallon (per Powerboat Guide) 5052 Aluminum tank. Size on label was notlegible.

LOCATION/SECURED:Located below aft cockpit deck.

MANUFACTURING LABEL:The ABYC required labels were sighted on the fuel tanks.

FILL PIPE LOCATION(S):Single deck fill located on starboard side deck marked for fuel.

FILL PIPE GROUNDED:Yes Where sighted.

VENT LOCATION:Port and starboard topsides, flame screens were sighted overflow overboard.

FUEL LINES:Grade USCG type A1. Appears serviceable where sighted.

SHUT-OFF VALVE:Yes. Ball valves at tanks.

FUEL FILTERS:Remote mounted spin on/off filter/water separators mounted on aft engine compartmentbulkhead.

ELECTRICAL SYSTEM(S)

ELECTRICAL SYSTEM (D.C. SYSTEM)

VOLTAGE/BATTERIES:The uses a 12 volt DC electrical system.


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III. SYSTEMS




ELECTRICAL SYSTEM (D.C. SYSTEM) (cont inued)

INSTALLATION/PROTECTION:*B1, B2

The Engine starting batteries are located in the engine compartment on centerline. Thetwo 27DC6 engine batteries are strapped down and in spill trays. The positive(ungrounded) terminals are not protected as required in ABYC Standard Section E-10(10.7).

The four 27DC6 inverter batteries are located against the starboard bulkhead in the enginecompartment. They appear to be on spill trays but the positive (ungrounded) terminals arenot protected as stated above.

MAIN BATTERY SWITCHES/LOCATION:*C6

Two main battery switches of the Perko brand rotary type switches are located under the

tread of the second step of the ladder leading to the galley.

PANEL/CIRCUIT PROTECTION:Over current Protection: Bus type fuses and circuit breakers. Location: Main Electricalpanel, port side main cabin in side cabinet. Additional fuse box located in EngineCompartment adjacent to Engine batteries.

TYPE CONNECTORS:Round Lugs, Captive type, where sighted. Appear serviceable.

CONNECTORS/ROUTING/SUPPORT:*C7

Electrical conductors are routed and supported in compliance with ABYC E-11 wheresighted with exception of some wiring poorly routed along the portside bulkhead of theengine compartment towards the stern. Several cables and wire in this area requireadditional support and routing.

CHARGING SYSTEM:Protech-4 12 Volt / 20 Amp Battery Charger located on forward bulkhead of enginecompartment. Appears serviceable.Model # 1220Serial # B001877

OUTLETS:None Sighted.

INVERTER:Roadpro RPPI-1500W Inverter installed in cabinet to starboard in main cabin. Tuned off attime of survey. Did not attempt to power-up.

Vector VECO49GM 1000 Watt inverted installed in cabinet to port side of main cabinforward of main electrical panel. Turned off at time of survey. Did not attempt to power-up


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III. SYSTEMS




ELECTRICAL SYSTEM (A.C. SYSTEM)

SHORE POWER INLET/CORD:Two (2) Marino 30 amp connections. Located in cockpit port and starboard bulkheads.

Appear to be in very good condition.

AC SOURCE SELECTOR SWITCH:Manual rotary type. AC / Generator selector switch for shore or ship power. Location: Main

A.C. panel, Main Cabin. Appears serviceable.

MAIN BREAKER:Located in the main electrical panel Main Cabin, port side cabinet.

BRANCH BREAKERS:Located in the main electrical panel Main Cabin, port side cabinet.

CIRCUIT LOAD MONITORS:

AC Volt and Amps meters located on main electric panel. Operate normally.

CONNECTORS/ROUTING/SUPPORT:Captive lug type. Well supported and routed. Appears serviceable where sighted.

OUTLETS:Various A.C. outlets available throughout yacht, appear adequate and conveniently locatedTested ok for proper polarity, grounding and voltage drop. GFCI (ground fault circuitinterrupter) tested OK.

POLARITY:Polarity indicator located at main panel. Polarity also checked satisfactorily at all outlets.

GALVANIC ISOLATOR:None Sighted.

FRESH WATER SYSTEM

FRESH WATER SYSTEM: (PORTABLE WATER)

TANKS/MATERIAL /CAPACITY:One polypropylene water tank, 40 gallons (per Powerboat Guide) located to starboardbelow aft cockpit deck. Appeared to be in good condition.

FILL/VENT PIPE LOCATION:In Cockpit to starboard side marked Water.

VENT PIPE LOCATION:Starboard topsides, aft quarter.

PUMPS/ACCUMULATOR TANK:FloJet 3.3 GPM Automatic Water pump located below cockpit deck in aft starboardquarter. Operated normally.Model# 4405-143


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III. SYSTEMS

FRESH WATER SYSTEM



FRESH WATER SYSTEM: (PORTABLE WATER) (cont inued)

HOT WATER TANK:Atwood 10.5 Gallon 120 Volt / 1400 Watt Water Heater located against port bulkhead inengine compartment. Appears to be in good condition.

DOCK SIDE PRESSURE REGULATOR:None Sighted.

SANITATION

SANITATION (BLACK/GREY WATER)

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

TYPE/MANUFACTURE:Wells Crittenden, Newport 1600

NUMBER OF HEADS LOCATION:Single head located to starboard and forward of the galley.

RAW WATER SUPPLY AND CLAMPS:Raw water supply comes from seacock located in central bilge. Hose is double clampedand appears to be in good condition.

HOSES AND CLAMPS:All hoses and clamps appeared to be of appropriate type and in like new condition.

PUMP-OUT LOCATION:

Port side of forward deck.

MACERATOR:Jabsco Macerator 12 Volt DCModel # 18590-1000

"Y" VALVE(S):Yes, ''Y'' valve located below floor access panel outside of head. Properly padlockedclosed as required by Federal Regulations.

GREY WATER SYSTEM:Grey water from both sinks is piped directly overboard to starboard via above the waterlinethrough-hulls. The shower drains into a sump where it is collected and pumped overboard

to starboard via a Rule 800 GPM bilge pump. Appears to be in good operating condition.

HOLDING TANK MONITOR:SeaLand SX12L Holding Tank Level monitor installed in head above sink. Appearsoperable.


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III. SYSTEMS

AIR CONDITIONING AND HEAT



AIR CONDITIONING AND HEATING SYSTEMS

TYPE/MANUFACTURE:The cabin temperature inside the "Sample Survey" is regulated by a single 115 Volt 12,000BTU Marine Air Systems Unit located beneath the dinette in the galley. The control panel ilocated above the dinette in the port bulkhead.Model # VR12K-HSerial # 207-13B3001

RAW WATER COOLING PUMP:Raw water for the Air Conditioning system is provided through a seacock and co-locatedMarch 115 Volt pump located on centerline at the aft end of the engine compartment.Operated normally. All hoses and connections were double clamped and in good condition

CONDENSATE DRAIN:None Sighted.

STEERING SYSTEMSTEERING SYSTEM

TYPE/MANUFACTURE:Single station hydraulic system by Hynautic, where sighted appears serviceable.

LINES AND FITTINGS:Reinforced flexible hose, with metallic fittings. Appears serviceable where sighted.

UPPER RUDDER BEARING SUPPORT:Well mounted. Appears serviceable.

PACKING GLAND:Bronze hex nut type packing gland. Appears serviceable. Monitor frequently.

GROUND TACKLE

GROUND TACKLE

ANCHORS:Hooker #22 Danforth style anchor located at bow with approximately eight to ten feet ofgalvanized 1/4" chain shackled to approximately 100' manila 1/2" line. Shackles are safetywired. Appears to be in good condition.

A second Danforth style anchor of similar size is located below the aft cockpit deck on the

starboard side. Unit is shackled to approximately 100' of 1/2" manila line. Appears to be ingood condition.

WINDLASS:Powerwinch 36' Class appears to be in like new condition. Not tested.Model # P77736


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III. SYSTEMS

GROUND TACKLE



GROUND TACKLE (cont inued)

HAWSE PIPE(S):Appears normal.

ELECTRONICS AND NAVIGATION EQUIPMENT

ELECTRONICS (NAVIGATION)

VHF:Uniden Oceanus DSC VHF Marine Radio located at helm. Powers up.

Uniden handheld VHF Marine Radio located in Main Cabin. Did not test.

GPS:Garmin 2006C GPSmap display installed at helm. Powers up.Model # 011-00742-10Serial # 54611326

DEPTH SOUNDER:Lowrance Digital Depth Gauge installed at helm. Powers up.

COMPASSES:6'' Richie Compass located at helm station. Appears serviceable.

ANTENNAS:All antennas sighted appear to be well mounted and in good condition.

ELECTRONICS (ENTERTAINMENT)

STEREO SYSTEM:Sony CDX-GT10W (AM/FM/CD) installed in Main Cabin port side cabinet. Powers up.

SPEAKERS:Not sighted.

TELEVISION(S):Sharp 22" LCD Television located in Main Cabin - Did not test.Model # LC-22DV24USerial # 809853709


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III. SYSTEMS

THRU-HULLS



THRU-HULLS

THRU-HULLS ABOVE WATER LINE:

Abbreviation Description

ACD AC Dischg

Bilge Bilge Drain

BP Bilge Pumps

DD Deck Drain

DF Deck Fill

EP Exhst Ports

SD Sink Drain

Shwr Shower Drain

VH Vent Hose

Waste Waste Pumpout

**Red Icon(s) with white text indicates inoperable item.


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III. SYSTEMS

THRU-HULLS



THRU-HULLS (cont inued)

THRU-HULLS BELOW WATER LINE:

Abbreviation Description

ENGINE Engine

GEN Generator

PG Pkng Gland

SC Seacock

TD Transducer

**Red Icon(s) with white text indicates inoperable item.

RAW WATER STRAINERS:Systems that use raw water for cooling use Bronze sight glass strainers. Main engines useunder water mounted strainers. Appeared serviceable.

NOTE:*B3

All seacocks were opened and closed satisfactorily with the exception of the unusedThru-hull with seacock immediately forward of the starboard engine. This seacock was notcycled and should be capped or locked in the closed position to prevent accidental opening


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III. SYSTEMS

SAFETY EQUIPMENT



SAFETY EQUIPMENT (UNITED STATES COAST GUARD)

NUMBER AND TYPE OF PFD'S:Two inflatable life jackets located at Bridge appear serviceable.Five type III USCG approved life vests located at cockpit below ladder. Appear serviceable

Approximately six additional type III life vests located below seats at dinette. Appearserviceable.

NUMBER OF THROWABLE PFD'S:Two Type IV-U.S.C.G. approved throwable device (Cushions) located at Bridge. Goodcondition.One Type IV - USCG approved throwable device (Life Ring) located exterior of aft bulkheadof Main Cabin. Good Condition.

FIRE EXTINGUISHERS:Single type BI (2lbs) dry chemical without gauge located at Bridge. Appears serviceable.Two type B1 (2 3/4 lbs) dry chemical with gauge located in Main Cabin on aft bulkhead and

at galley. Appears serviceable.

VISUAL DISTRESS SIGNALS (FLARE KITS):*A1

Day/night visual distress signals are hand held flares. Located in port side cabinet in MainCabin. Date on flares indicate that they are past expiration.

SOUND DEVICES:Dual trumpet horn installed forward of Bridge. Operable.

BELL< (12M-39'4"):Located on aft deck to port of entry door.

NAVIGATIONAL LIGHTS:All Navigation lights operated correctly.

INLAND NAVIGATION RULE BOOK< (12M-39'4"):None sighted.

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

TRASH DISPOSAL PLACARD:Yes, but not properly displayed in the Main Cabin.

FCC STATION LICENSE (VHF EQUIPPED ONLY):None Sighted.

VENTILATION (GAS ONLY):Yes provided by power blowers in the engine and generator compartments. Appearsserviceable.


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III. SYSTEMS

SAFETY EQUIPMENT



SAFETY EQUIPMENT (UNITED STATES COAST GUARD) (cont inued)

FLAME ARRESTORS (GAS ONLY):Yes, USCG approved.

AUXILIARY SAFETY EQUIPMENT

FIXED FIRE EXTINGUISHING SYSTEM:Fireboy Model 70CG Halon 1301 system installed in Engine room. Automatic thermalactivation switch. No record of current inspection.

SEARCH LIGHT:Jabsco Searchlight mounted forward of Bridge. Remote Control installed at helmOperated normally.

FIRST AID KIT:None sighted.

FUME DETECTOR ALARM SYSTEMS:None sighted.

SMOKE DETECTOR:None Sighted.

CARBON MONOXIDE DETECTOR:Located at aft end of dinette. Appears operational.

BILGE PUMPS

LIST:Rule-Mate 750 GPM Automated Bilge pump located in forward bilge. Drains to starboard.Operates normally.

Rule-Mate 1100 GPM Automated Bilge pump installed in engine compartment bilge. Drainto port. Operates normally.


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IV. FINDINGS AND RECOMMENDATIONS



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 properoperating condition. Findin gs may also b e in vio lation of U.S.C.G. regulation s.

Findings noted under ''OTHER FINDINGS ''should be corrected in the near future so as tomaintain standards and to help the vessel to retain it's value.

Findings will be listed under the appropriate heading:

A. SAFETY DEFICIENCIES

B. OTHER FINDINGS NEEDING ATTENTION

C. SURVEYORS NOTES AND OBSERVATIONS

A. SAFETY FINDINGS (United States Coast Guard):

A.1 (PAGE 20) VISUAL DISTRESS SIGNALS (FLARE KITS):

Day/night visual distress signals are hand held flares. Located in port side cabinet in MainCabin. Date on flares indicate that they are past expiration.

FINDINGS RECOMMENDATIONSFlares are out of date. Provide current flares to Comply with USCG

regulations for Visual Distress Signals.(CFR175.125)

B. FINDINGS NEEDING ATTENTION:

B.1 (PAGE 13) INSTALLATION/PROTECTION:

The Engine starting batteries are located in the engine compartment on centerline. The two27DC6 engine batteries are strapped down and in spill trays. The positive (ungrounded)terminals are not protected as required in ABYC Standard Section E-10 (10.7).

The four 27DC6 inverter batteries are located against the starboard bulkhead in the enginecompartment. They appear to be on spill trays but the positive (ungrounded) terminals are notprotected as stated above.

FINDINGS RECOMMENDATIONSForward most Inverter battery is leakingelectrolyte.

Investigate and repair or replace as needed.


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B. FINDINGS NEEDING ATTENTION:

B.2 (PAGE 13) INSTALLATION/PROTECTION:

The Engine starting batteries are located in the engine compartment on centerline. The two27DC6 engine batteries are strapped down and in spill trays. The positive (ungrounded)terminals are not protected as required in ABYC Standard Section E-10 (10.7).

The four 27DC6 inverter batteries are located against the starboard bulkhead in the enginecompartment. They appear to be on spill trays but the positive (ungrounded) terminals are notprotected as stated above.

FINDINGS RECOMMENDATIONSEngine starting and Inverter batteries arenot installed in accordance with ABYCRecommendations. Specifically, coveringthe ungrounded terminals.

10.7.7

To prevent accidental contact of theungrounded battery connection to ground,each battery shall be protected so thatmetallic objects cannot come into contactwith the ungrounded battery terminal anduninsulated cell straps. This may beaccomplished by means such as:

10.7.7.1 covering the ungrounded batteryterminal with a boot or non-conductiveshield, or

10.7.7.2 installing the battery in a coveredbattery box, or

10.7.7.3 installing the battery in acompartment specially designed only forthe battery(s).

NOTE: When batteries have both a studand post arrangement, protection shouldpreclude contact with any part of theterminal.

NOTES:

1. Terminal insulation or battery covers donot provide compliance with thisrequirement since, during installation orremoval of a battery, these protectivedevices are usually removed in order toconnect the cables.


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2. Any non-conductive material may beused for shielding as long as it is durableenough to withstand accidental contact bya tool or the battery terminals duringservicing, installation or removal.

10.7.8.1 Batteries with a combination ofside and top terminals shall comply withboth the horizontal and vertical shieldingrequirements.

Comply with ABYC recommendations.

B.3 (PAGE 19) NOTE:

All seacocks were opened and closed satisfactorily with the exception of the unused Thru-hullwith seacock immediately forward of the starboard engine. This seacock was not cycled andshould be capped or locked in the closed position to prevent accidental opening.

FINDINGS RECOMMENDATIONSThere is an unused, Below the WaterlineThru-hull with a seacock immediatelyforward of the starboard engine. Thisseacock should be securely capped orlocked in the closed position to preventaccidental opening and flooding of thecompartment.

Repair as required.

C. SURVEYORS NOTES AND OBSERVATIONS :

C.1 (PAGE 7) COCKPIT:

FINDINGS RECOMMENDATIONSThere is a blister in the top surface of thegunwhale approximately ten to twelveinches to starboard of the transom door.

Repair as necessary.

C.2 (PAGE 7) BOW PULPIT (BOW RAIL):

A one inch stainless steel bow rail and pulpit extends from midships forward on both sidesending at the pulpit. Some rust staining is evident at the base of the port side pulpit stanchionfurthest forward.

FINDINGS RECOMMENDATIONSSome rust staining is evident at the baseof the port side pulpit stanchion furthestforward.

Disassemble, inspect and repair as required.


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C.3 (PAGE 10) EXHAUST SYSTEM:

Raw water cooled with cast iron risers and flexible connection, 4'' to in line silencer exitingthrough port and starboard bulkhead mounted fittings. Hose to pipe connections are doubleclamped where sighted and appear serviceable. Fasteners at port side bulkhead where Port

Engine exhaust passes through the bulkhead are corroded.FINDINGS RECOMMENDATIONS

Fasteners at port side bulkhead whereexhaust passes through are corroded.

Investigate and repair as required.

C.4 (PAGE 10) FUEL FILTERS:

Remote mounted spin on/off Fuel / Water separators mounted to aft bulkhead of enginecompartment. Labeled 8/24/07

FINDINGS RECOMMENDATIONSFuel Filters labeled 8/24/07. Recommend replacement

C.5 (PAGE 11) PACKING GLAND:

Flexible stuffing boxes are used for both propeller shafts. They are double clamped as requireand appear to be in good condition. The starboard engine drip rate was about 30 drops perminute. The port engine was near zero.

FINDINGS RECOMMENDATIONSStarboard engine stuffing box drip rate isabout 30 drops per minute. Normal shouldbe about six.

Monitor and repair as needed.

C.6 (PAGE 13) MAIN BATTERY SWITCHES/LOCATION:

Two main battery switches of the Perko brand rotary type switches are located under the treadthe second step of the ladder leading to the galley.

FINDINGS RECOMMENDATIONSThe compartment where the Main Batteryswitches are located is filled with unrelatedmaterial.

Recommend this compartment be kept clearfor immediate access to the battery switches.


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C.7 (PAGE 13) CONNECTORS/ROUTING/SUPPORT:

Electrical conductors are routed and supported in compliance with ABYC E-11 where sightedwith exception of some wiring poorly routed along the portside bulkhead of the enginecompartment towards the stern. Several cables and wire in this area require additional suppo

and routing.FINDINGS RECOMMENDATIONS

Unsupported wiring in enginecompartment along port bulkhead doesnot comply with ABYC E-ll 11.14.6.9

Conductors shall be supportedthroughout their length or shall be securedat least every 18 inches (455mm) by one ofthe following methods:

11.14.6.9.1 By means of non-metallicclamps sized to hold the conductors firmlyin place. Non-metallic straps or clampsshall not be used over engine(s), movingshafts, other machinery or passageways, iffailure would result in a hazardouscondition. The material shall be resistant tooil, gasoline, and water and shall not breakor crack within a temperature range of-30F (-34C) to 250F (121C);

11.14.6.9.2 By means of metal straps orclamps with smooth, rounded edges tohold the conductors firmly in place withoutdamage to the conductors or insulation.That section of the conductor or cabledirectly under the strap or clamp shall beprotected by means of loom, tape or othersuitable wrapping to prevent injury to theconductor;

11.14.6.9.3 By means of metal clamps linedwith an insulating material resistant to the

effects of oil, gasoline, and water.

EXCEPTIONS:

Exception to E-11.14.6.9:

1. Battery cables within 36 inches(914mm) of a battery terminal.

Comply with ABYC recommendations.


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It is recommended that all below the water line thru-hulls have a proper sized wooden plugattached to function as emergency plugging device.


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V. SUMMARY AND VALUATION



STATEMENT OF OVERALL VESSEL RATING OF CONDITION:

It is the surveyor's training and experience that develops an opinion of the OVERALL VESSEL RATINGOF CONDITION after the survey has been completed and the findings have been organized in alogical manner.

The grading of condition, developed by BUC RESEARCH, and accepted in the marine industry, for avessel at the time of survey, determines the adjustment to the range of base values in the BUC USEDBOAT PRICE GUIDE, for a similar vessel sold within a given time period, as a consideration todetermine the Market Value.

The following is the accepted marine grading system of condition. (Source: BUC website.)

''EXCELLENT (BRISTOL) CONDITION'' - Maintained in mint or bristol fashion - usually better thanfactory new - and loaded with extras - a rarity.

''ABOVE AVERAGE (BUC) CONDITION'' - Has had above average care and equipped with extraelectrical and electronic gear.

''AVERAGE (BUC) CONDITION'' - Ready for sale requiring no additional work and normally equippedfor its 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 usablecondition.

As a result of my investigation, as shown in the SYSTEMS AND FINDINGS ANDRECOMMENDATIONS section of this REPORT OF SURVEY, and by virtue of my experience andtraining it is my opinion that the "Sample Survey" should be considered to have an

OVERALL VESSEL RATING:

Above Average (BUC) Condition


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STATEMENT OF VALUATION:

The ''FAIR MARKET VALUE'' is the most probable price in terms of money which a vessel shouldbring 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 titlefrom 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 bestinterest.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 comparablethereto; ande. The price represents a normal consideration for the vessel sold unaffected by special or creativefinancing or sales concessions granted by anyone associated with the sale.

APPRAISAL METHODOLOGY:The following method of valuation was used to obtain the FAIR MARKET VALUE (FMV) of the vessel. Aquery was submitted to BUC.com, NADA, Boat Trader and Yacht World for boats matching thedescription 1989 Silverton 34 Convertible with twin Crusader 454 engines in an Above Averagecondition where possible. The results returned are as follows:

BUC.com adjusted Fair Retail Value range: $38,800-$43,100NADA average retail price for vessel as equipped: $31,305Boat Trader - One listing at $34,900Yacht World - Fifteen listings ranging from $9,500 - $49,900 with an average list price of $34,931.

It should be noted that NADA does not consider vessel condition when calculating valuation.Additionally, the conditions of the listed boats on Boat Trader and Yacht World cannot be readilyascertained. But their average listing price indicates an appropriate median for a vessel in Averagecondition. Based on the exceptional material condition and soundness of this particular vessel the FairRetail Value adjusted for Better Condition in the South Atlantic and Florida region calculated byBUC.com appears to be both a reasonable and appropriate Fair Market Value.

Therefore, after consideration of the reliability of the data, the extent of the necessary adjustments andcondition of the vessel as detailed by BUC, it is your surveyor's opinion that the ''FAIR MARKETVALUE'' of the "Sample Survey" is:

$43,100Forty Three Thousand One Hundred Dollars

The ''ESTIMATED REPLACEMENT COST'' indicates the retail cost of a new vessel of the samemake/model with similar equipment offered by the same manufacturer. The ''ESTIMATEDREPLACEMENT COST'' of the subject vessel as calculated by BUC.com is:

$370,000Three Hundred Seventy Thousand Dollars

SUMMARY:


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In accordance with the request for a marine survey of the "Sample Survey" for the purpose ofevaluating its present condition and estimating its Fair Market Value and Replacement Cost forInsurance purposes, I herewith submit my conclusion based on the preceding report. The subjectvessel was personally inspected by the undersigned on May XX, 201X from 09:15 A.M. to 2:30 P.M. anwas found to be a well equipped and well constructed vessel. It has been maintained over its lifetimeresulting in an overall better than average condition for a vessel of its age.

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 andlimiting 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 nopersonal 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 ordirection in value that favors the cause of the client, the amount of the value estimate, the attainment ofa 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



Port Bow Port side

Port Topsides Starboard Bow


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VI. PHOTOGRAPHS



Starboard Side Starboard Topsides

Bridge View Helm


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VI. PHOTOGRAPHS



Main Cabin Galley Dinette

Galley Master Stateroom


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VI. PHOTOGRAPHS

Lavatory Shower

Port Engine Stern View

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Silverton 34C Sample Survey

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