Sunseeker Predator Sample

Sun Coast Marine Surveying & Consulting

Surveyed for: Mr. Norman Berris - 2004 Sunseeker Predator 68 Report file #: 14-0017 2004 Sunseeker Predator 68Surveyed by: Sun Coast Marine Surveying & Consulting, Tampa FL Page no: 1 of 98

REPORT OF MARINE SURVEYPre-Purchase Condition & Value.

of the vessel

"Second Thoughts"

2004 Sunseeker Predator 68

PREPARED EXCLUSIVELY FOR:

Mr. Norman Berris10381 Wilshire Boulevard #1501

Los Angles CA 90024

CONDUCTED BY:

J. Chet Stephens SA

on

February 21st, 2014

Sun Coast Marine Surveying & Consulting"Serving All Of Florida"

888-734-7446


SURVEY REPORT TABLE OF CONTENTS

Major Systems Surveyed Page No.

SURVEY SCOPE & GENERAL INFORMATION 5

EXTERIOR HULL & BOTTOM INSPECTION 7

INTERIOR HULL & STRUCTURAL INSPECTION 21

TOP DECK & SUPERSTRUCTURE 24

HELM & NAVIGATION ELECTRONICS 35

CABIN INTERIOR APPOINTMENTS 43

ELECTRICAL SYSTEMS 60

INBOARD PROPULSION SYSTEM 69

STEERING SYSTEM 77

TANKAGE 77

SAFETY EQUIPMENT 81

AUXILIARY EQUIPMENT 91

SEA TRIAL 92


INTRODUCTION

REPORT INTRODUCTION COMMENTS:

At the request of Mr. Norman Berris, the prospective buyer of a Sunseeker Predator, a 2004 68 footpower boat, I agreed to conduct a pre-purchase and valuation survey. I arrived at the vessel's location onFebruary 21st, 2014 at 7:00AM and met with the owner Mr.Randy Gonzales who provided access to board thevessel. The selling broker Jenny Wicker arrived at 7:30 AM, the engine surveyor Hal Ende arrived at 8:00 AM andMr. & Mrs. Berris arrived at 9:00 AM. The vessel was located at the sellers private dock located at 160 SolanoPrado Coral Gables, FL 33156.

The survey was conducted from 7:00 AM to 3:45 PM.

The weather on the day of the survey was warm with sunny skies. Moisture readings were taken of the vessel with acalibrated Model GRP 33 Marine Moisture Meter. Thermal imaging was done with a calibrated FLIR brand thermalcamera.

DC power was made available during the survey to the vessel. AC power was available from the ships shore power. The vessel's twin diesel engines were started and operated during the sea trial.

During a vessel's 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 FederalRegulations (CFR), and the voluntary standards and recommended practices developed by the AmericanBoat and Yacht Council (ABYC), and the National Fire Protection Association (NFPA) have been used asguidelines in the conduct of this survey. Findings in the summary pages of this survey reflect conditionsobserved at the time of survey.


DEFINITION OF TERMS

The following terms and words 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 notpossible 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 SERVICE - Service for which is intended by Survey Purchaser (present orprospective owner).

ADEQUATE - Sufficient for a specific requirement.

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

EXCELLENT CONDITION - New or like new.

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

AVERAGE CONDITION - Denotes that the system, component, or item is functional as is with minorrepairs.

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

USE OF *- Use of * in the body of this report will indicate that a finding will be listed in the "Findings andRecommendations" section pertaining to the * item or the use of the text colors red, blue , and green.


SURVEY SCOPE & GENERAL INFORMATIONSCOPE OF SURVEY

Report File No: 14-0017 2004 Sunseeker Predator 68.Date/Time of Survey: February 21st, 2014 From 7:00 AM to 3:45 PM.Date of Written Report: February 23rd, 2014.Conducted By: J. Chet Stephens SA.Requested by: This survey was performed at the request of the purchaser, Mr. Norman Berris,

who was present at the time of the survey.Purpose of Survey: Assess the overall condition and value of vessel for pre-purchase decision making.Intended Use: Pleasure- Coastal Cruising.Vessel Surveyed At: The vessel was located at a private dock located at 160 Solano Prado Coral

Gablesl, FL 33156.Weather Conditions: Sunny skies with temperature at 79 degrees. How Survey Conducted: The vessel was surveyed both while afloat & hauled out of the water. Sea trail: A sea trial was performed as part of this survey. The results are included in the Sea

Trail section.Electrical SystemsChecked:

AC shore power was used to check AC electrical systems. DC power was used tocheck DC electrical systems.

Moisture Checks: The calibrated Electrophysics moisture meter, Model GRP33 was used for moisturereadings referenced in this report.

Surveyor Qualification: The surveyor is a member of SAMS (Society ofAccredited Marine Surveyors), and a CertifiedStandards Technician with ABYC (AmericanBoat and Yacht Council)

VESSEL CONDITION & VALUECondition Rating: ABOVE AVERAGE CONDITION.Estimated Fair MarketValue:

$930,000.00.

Estimated ReplacementCost:

$3,180,000.00.

NOTE: The overall vessel condition and value was established after a complete inspectionof stated vessel, the results of which are included in this report of survey. Theestimated fair market value and replacement cost includes all listed auxiliaryequipment. See "Condition & Value Summary" section for additional details.

SURVEY REQUESTED BYClient Name: Mr. Norman Berris.Street Address: 10381 Wilshire Boulevard #1501.City/State/Zip: Los Angles CA 90024.Business phone: 310-652-5111. Cellular Phone: 310-957-9533.

VESSEL INFORMATIONVessel Yr/Make/Model: 2004 Sunseeker Predator 68.Vessel Name: Second Thoughts.Hailing port: Road Harbour, BVI.


Hull ID NumberVerification:

XSK02747K304.Manufacturer/Builder: Sunseeker, Poole, Dorset, United Kingdom.Vessel Description: Sunseeker is an excellent combination of performance and luxury. The "Second

Thoughts" is a Predator that is sixty nine feet seven inches total length overall andseventeen feet one inch at her widest breadth. The draft is four feet nine inches anda gross weight of sixty three thousand eight hundred pounds. The vessel has beenre-powered with Man 1550 HP V12 diesel engines connected to a V driveconfiguration with ZF Marine transmissions. The cockpit features a helm benchseat and a bench to the port. The cockpit aft features a polished cherry table withseating for six. The cockpit is fully air conditioned and has a convertible top thatcan be opened to allow fresh air and sunlight. The aft deck has a teak folding tablewith seating for up to eight. All the decks are teak and the transom is hydraulic tolower into the water and assist with access to the rear hydraulic garage whichprovides additional storage for gear or a tender. A separate below deck head is onthe back deck with a toilet and sink. Down below is a elegant main salon withleather interior and polished cherry wood trim. Big screen television providingsatellite television and a stereo system for entertainment. Forward is a gueststateroom with a queen size island berth and private head with shower. Off thestarboard side of the main salon is an additional head with shower and crewquarters with bunk beds for a crew of two. Off the main salon on the port side is afull galley with electric stove and refrigerator and freezer. Moving aft is the masterstateroom with a large stateroom featuring a queen size island berth, small loveseatand makeup settee with mirrors and ample storage and hanging lockers.

Certificate of BritishRegistery:

742054.Documented use: Recreational.


Documented home port: Road Harbour, BVI.Documented Length: 21.21 Meters.Documented Breadth: 5.21 Meters.Documented Depth: 3.14 Meters.Documented Gross Tons: 55.52 Tons.Documented net tons: 55.52 Tons.

VESSEL SPECIFICATIONSType: Fiberglass, Planing, Modified Vee hull, Offshore, Motor Yacht.Length overall (L.O.A.): 69'7", per BUC Research.Load length water line(L.W.L.)

62'6", per BUC Research.

Beam: 17'1", per BUC Research.Draft: 4'9", per BUC Research.Displacement: 63,800 LBS, per BUC Research.

SURVEY STANDARDSStandards Followed: This survey was completed using as reference the federal regulations and

amendments issued and enforced by the United States Coast Guard under theauthority of Title 33 and Title 46 of the United States Code of Federal Regulations(CFR's). In addition the American Boat and Yacht Council (ABYC) and NationalFire Protection Association (NFPA-302) voluntary standards were used asreference during the survey. These ABYC and NFPA voluntary standard practicesare generally followed by most vessel manufacturers today.

SURVEY INSPECTION COMMENTSComments: All systems and components inspected and described herein are considered

serviceable and/or functional except as indicated in the survey report andrecommendations section. Electronic devices and instruments were checked forpower up only - not for functionality. If a component is not identified in thisreport, it was not inspected.

"Priority I Recommendations" are related to Safety & Regulatory findings andare listed in RED in the report.

"Priority II Recommendations" are related to Maintenance & Standards findingsand are listed in BLUE in the report.

"Other Recommendations" are findings that are relatively minor in nature andare listed in GREEN in the report.

It is the nature of marine vessels that deterioration, wear and accidents do occurand as such, this report therefore represents the condition of the vessel only atthe time the survey was conducted.

EXTERIOR HULL & BOTTOM INSPECTIONHULL EXTERIOR


Construction Material:

Fiberglass, with black awlgrip paint and white gel coat surface. Stem:

Solid, no cracks on external inspection. Moisture readings relatively Dry.


Stem thru hull fittings:

Bow eye for trailering is well secured thru stem. Chain locker drains thru stem.Bow plate is well secured.

Side thru hull fittings:

Bronze mushroom head fittings: used for Cockpit/Deck drains, Bilge/Sump drains,


Sink drains, A/C discharge drain(s), Generator exhaust, Vents also sighted for:Fuel vent, Water tank vent, Waste tank vent, Engine compartment vent, All thruhull fittings are adequately secured and sealed to hull.

Rub Rail:

Rub rail is black rubber on stainless steel backing.Port Lights:

Port and starboard sides each have 10 port lights each. Engine vents:

Engine room vents are molded in and in excellent condition.


Transom:

Conventional transom, with power lift trunk hatch for accessing storage area. Swim Platform

Fiberglass attached powered TNT swim platform that is fully functional.


Boarding ladder:

The boarding ladder is Stainless steel folding that is mounted on swim platform.The ladder is well secured.

Aft Deck:

Large sliding tinted glass door to cabin.Hull Cosmetics:

Hull cosmetics are in good condition-minor nicks and scratches. The aft section of


the cabin on both port and starboard sides has cracked black paint.Moisture/Delamination:

All moisture meter readings on side hull near the water line and surrounding thruhull fittings were relatively dry with normal comparative moisture meter readings.

Thermal Images

No anomalies were sighted when scanned using a calibrated FLIR thermal camera. Condition Summary: Good Condition.Findings: Recommendations:Hull cosmetics are in good condition-minor nicks andscratches. The aft section of the cabin on both port andstarboard sides has cracked black paint.

Have a qualified marine fiberglass technician repaintcracked damage area.


HULL BOTTOMConstruction Material:

Fiberglass with molded in prop pockets. Bottom paint: Anti-fouling bottom paint in good condition.Osmotic blistering: NO evidence of blisters was found on hull bottom during bottom inspection. Blister Comments: Blisters are an unknown factor on all boats and if not currently present, there is no

guarantee that they will not appear in the future. Blisters have a tendency to dryout over winter storage unless severe or large. Blisters (if any) best appear aftervessel has been in water for an entire season. In addition, the symptomaticevidence of blistering can be obscured by bottom coatings, a dry storage periodduring which blisters spontaneously depressurize, bottom laminate sanding, andother conditions or actions. Recommend full inspection for blisters immediatelyafter haul-out and power wash. Surveyor has no firsthand knowledge of the historyof bottom maintenance, blistering, repairs or prophylactic coatings on this vessel.

Moisture/Delamination: Moisture meter readings not taken since the type of bottom paint used wouldprovide false moisture readings. Percussion hammer testing showed no evidence ofany delamination on hull bottom.


Strainers/Scoops/Screens:

All strainers/screens are well secured to hull bottom. They appear to have somesigns of debris & zebra mussels. All screens need to be cleaned at the next haul out.

Transducers:

Transducers for speed and depth are adequately sealed and bonded to the hull.


Thru Hull fittings:

Mushroom type bronze fittings for all below water line sea cock locations. Wellsecured to hull bottom.

Thermal Imagine

No anomalies were sighted when scanned using a FLIR thermal camera.


Condition summary: Good Condition.Findings: Recommendations:Strainers and screens appear to have some signs ofdebris & zebra mussels.

All screens need to be cleaned at the next haul out.

PROPELLER(S)/SHAFT(S) / STRUT(S)Prop(s) description:

Props have five blades and are made of bronze alloy covered with Prop Speed antifouling paint. Props are in excellent condition with no dings or nicks sighted.

Spare props:

Two five bladed bronze props are secured in the transom garage. Shaft size / material:

Shaft size is 2-3/4" and made of Stainless steel with anti fouling Prop Speed


applied. No pitting, cracks or corrosion sighted.Cutless (shaft) bearing(s): Good condition. No play found in cutless bearing.Strut(s):

Single bronze P-Strut per shaft. Struts appears to be in line. Both struts have PropSpeed anti fouling paint to prevent fouling.

Condition summary: Good Condition.

RUDDER(S)Rudder type:

Bronze, Well secured. No abnormal horizontal or fore/aft movement in rudders,Prop Speed anti fouling paint applied.


TRIM TABS, STABILIZERS AND THRUSTER SYSTEMS


Trim tabs:

Bennett dual ram hydraulic trim tabs. Power up and function OK. Rams wereinspected and no evidence of leaks were sighted. Trim tabs are painted with antifouling Prop Speed.

Bow thruster(s):

QL Volvo Penta thruster system. Thruster fit with 3 blades on each side. All bladesintact. Prop drive fitting is securely mounted inside the thruster tube which is wellfared into the hull and securely fastened. No cracks sighted where thruster tube isfit into hull. Powers up and is functional.


ANODES


Trim Tabs:

Yes- Average condition 20% wasted.TNT Hydraulic SwimPlatform

Anodes in average condition and appear to be about 20% wasted.Hull mounted:

"Camp" anode securely mounted on transom. Average condition about 20%wasted.


Bonding:

Yes.Replacement required?: At the next haul out.Other Notes: Monitor all anodes frequently and replace when they are no more than 50%

wasted. Anodes are normal replacement items designed to protect the running gearfrom electrolysis. Keep spares aboard vessel.

INTERIOR HULL & STRUCTURAL INSPECTIONHULL INTERIOR & STRUCTURAL COMPONENTS

Hull to Deck Joint:

Overlap (Shoe box type), Fasteners sighted were stainless steel bolts spacedapproximately 6" to 8". Appear secure. No leaks sighted thru any part of hull todeck joint area as sighted in anchor locker

Bilge(s): Clean and dry. NOTE: Whenever you visit your boat, it's good practice to checkthe bilge area(s) for higher than normal levels of water or anything else that couldbe causing trouble.

Stringers: Hull stiffness provided by foam encased with fiberglass longitudinal stringers thatrun the length of the vessel. Complete inspection not possible due to limited access.Stringers were sighted in the engine compartment and under cabin sole and are wellglassed into hull where sighted. Stringers sounded with hammer where accessibleand appeared very sound. No soft spots, separation, cracks rotting or splittingsighted. Limber holes appear to be adequately sealed where sighted. Stringerschecked with Moisture meter where accessible and all readings were relativelyDry.

Bulkheads: Athwartships reinforcement enhanced by structural bulkheads bonded to the hullwith FRP (fiber reinforced plastic). All tabbing appears serviceable and sound with


no cracks or separation of tabbing sighted in any compartments. No visual evidenceof movement sighted in any bulkhead.

Stem:

Solid stem, no cracks or separation sighted inside.Inside of Transom: Reinforced. Secure-no cracks or separation sighted.Condition summary: Good Condition.

ALL THRU HULL FITTINGS


Sea Valves:

Bronze seacock ball valve(s) installed.Sea valves used for: Air Conditioner(s) raw water intake(s), Engine(s) raw water intake(s), Generator

raw water intake, Toilet discharge(s)Sea Valve Condition: Two sea valves, one below the sole in the main salon used for head discharge and

the raw water intake sea valve located in the master stateroom had stiff handles. Allother handles were functional. Check all sea valves often, lubricate handles asrequired for safe easy operation.

Sea strainers:

Internal strainer(s) installed for engine raw water, generator raw water, airconditioner raw water pickup, Sea strainer is clear of debris.


Transducers:

Speed & Depth transducers are adequately sealed. No leakage sighted.Condition Summary: Average Condition.Findings: Recommendations:The air conditioning raw water intake sea valve locatedin the master stateroom and the overboard discharge seavalve below the main salon cabin sole have stiffhandles.

Lubricate the sea valve handles that are stiff andmonitor all handles and lubricate as required.

TOP DECK & SUPERSTRUCTUREMAIN DECK & FITTINGS

Deck Surface:

Molded fiberglass with balsa core sandwich construction. Good condition. Deck issolid under foot, no soft spots discovered and no visible cracks or chips sighted.Aft deck area is teak and in excellent condition.

Moisture/Delamination: Moisture meter readings were all relatively Dry. No delamination or soft spotsdiscovered.


Toe Rail(s):

Molded in, no cracks or separation sighted.Anchor platform:

Stainless steel with anchor roller. Well secured-no cracks sighted.Anchor/chain locker:

Yes accessed from top deck with hatch lock. Functional.


Windlass:

Lewmar, Pro Series 1000. Unit has power but when tested using the helm or thefoot controls unit appears to be locked up and is not operational.

Bow Pulpit/Rail:

Stainless steel, Well secured.


Stanchions/Side Rail(s):

Stainless steel, well secured.Lifeline(s): Single lines vinyl covered in good condition.Cleats & Fairleads:

Horn cleats and fairleads are all well secured to deck and functional.Joinery Stress: None noted.Cabin (house) to DeckJoint:

Molded in -- no stress cracks noted.


Sun pads:

Sun Pads on foredeck with weather covers in place. Pads show their age and havesome minor tears at the seams and the zipper seam for the cover is torn.

Deck Hatches:

Yes, well secured, seals in good condition.


CabinHouse Window(s):

Sky lights built into the deck. No leakage sighted. Windshield:

Large wrap around tinted windshield for the cockpit. No cracks sighted. Sides havepower windows on port and starboard sides, power buttons did not operatewindows. Currently windows are in the up position.


Grab rail(s):

Sides of cabin top.Exterior teak:

Aft decks are all teak and in excellent condition. Transom shower:

Yes.Condition Summary: Good Condition.Findings: Recommendations:Windless is not operational from either helm or footcontrols. Sun pads show their age and have some minortears at the seams and the zipper seam for the cover istorn. Port and starboard power windows on cabin didnot operate.

Have a qualified technician inspect windless and repairor replace as required. Have the seams repaired by aqualified marine fabric seamstress. Have a qualifiedmarine electrician inspect power windows and repair orreplace as required.


BRIDGE DECK / COCKPITCockpit & Helm Seating

Both helm and fore port side cockpit seating is bench style vinyl seating. Aftcockpit features an L shaped vinyl seat with cherry pedestal table. Al vinyl is inexcellent condition.

Aft Deck

The aft deck features an L shaped seating arrangement with a pedestal teak tablethat expands to allow additional table space for dining with guests.


Sole:

All teak sole in excellent condition. Cockpit Equipment:

The starboard side of the cockpit has a sink with hot & cold pressure water, anelectric grill, refrigerated ice box and upright ice maker. All items powered up andoperated properly.


Door(s):

Companionway entrance off cockpit is tinted tempered glass.


Storage:

One side cockpit storage locker. Under most cockpit seating areas.Engine access hatch(es):

In cockpit sole. Manual lift engine compartment hatch cover. Top/superstructure:

FRP hard top that is well secured and features a fiberglass powered roof.


Moisture/Delamination: All moisture meter readings on sole were relatively dry with normal comparativemoisture meter readings.

Condition Summary: Good Condition.

HELM & NAVIGATION ELECTRONICSNAVIGATION ELECTRONICS

Helm Station:

Electronics mounted on cockpit bulkhead.Compass(es):

4" Ritchie, Powerdamp, mounted on cockpit bulkhead, Appears functional.


VHF Radio(s):

SIMRAD RS87 units with one at the helm and a second in the main salon, withremote speaker. Both units powered up and operated properly.

Autopilot(s):

SIMRAD AP 20 powered up and operated properly during the sea trial.


Depth Sounder(s):

SIMRAD IS12, unit operated properly during the sea trial. Multi-FunctionInstrument(s):

Nauticomp unit, features GPS, radar and monitor for onboard cameras.GPS:

Garmin 7212, unit powers up.


ENGINE INSTRUMENTS AND CONTROLSThrottle and ShiftControls:

ZF Mather stainless steel electronic controls. Controls worked correctly during thesea trial.

Engine Status:

Man Diesel MMDS-CLS 6.3. Display is digital and displays all engine functions.Displays worked properly.

Hour Meter(s):

Port: 380 HOURSStarboard: Hour meter is not registering correct hours and is reported to be the

same as the port engine. Condition Summary: Good Condition.Findings: Recommendations:Starboard hour meter indicates improper hours. Have engine technician correct hour meter to reflect

proper hours.


OTHER ELECTRONICS AND CONTROLSAntenna(s):

VHF, Radar, GPS, Satellite TV, Standard TV antenna.Bilge pump switches:

Five bilge pump switches-- all power up bilge pumps. Courtesy lights: Functional.


Emergency locator system:

Located inside casing. Emergency Shutdown:

Manual fuel shutdown handle.


Fire alarms:

Seafire Manual/Automatic system.Spotlight controls:

Sanshin HR-1012 control.


Trim Tabs:

Trim tabs switches are operational and no leaks sighted.Thrusters:

QL.Windlass control: Helm controlled switch is Not functional. RECOMMENDATION: Repair windlass

as necessary to make operational.


Windshield wiper(s):

Three wipers-- all power up.Condition summary: Good Condition.

CABIN INTERIOR APPOINTMENTSMAIN SALON

Style:

Contemporary, Cherry wood bulkheads and all interior trim. Clean and unmarred.Sole: Carpeting installed throughout with velcro carpet protectors.


Headliner:

Padded cloth suede like fabric throughout. Bulkheads:

Cherry bulkheads.Doors: Cherry veneer.Framing Trim: Cherry trim around all doors and counter tops. Water intrusion signs: No evidence sighted.


Seat Cushions:

Ultra leather, Very good condition-No holes or tears sighted.Salon furnishings:

Two leather chairs are located in the main salon. Light fixtures:

24 volt cabin lights throughout the vessel and direct and indirect.


Storage:

Storage under seats, Upper side storage areas.Condition: Interior is in overall excellent condition. All cherrywood is in excellent condition.

ENTERTAINMENT ELECTRONICSStereo(s):

Main salon: AM/FM stereo receiver made by Sony.


Television:

Main salon: Panasonic big screen flat panel TV built into the entertainment wall.Unit powered up and operated properly.

CD player(s):

Main salon: Panasonic, unit powered up, no CD's were loaded into the unit.


Satellite TV receiver:

Main salon: DirecTV receiver, Powers up.Stereo power amplifier(s):

Main salon: Sony brand amplifier, unit powered up and operated when tested.

GALLEYLocation:

Port side with cherry counter top.


Stove:

Bosch 4 burner electric glass top. Unit powers up. Refrigeration:

Two Sub-Zero brand refrigerators are located at floor level in the galley. Both unitswere powered up and cooling properly.


Water system:

Pressurized hot and cold.Sink(s):

Single stainless steel deep well.


Microwave:

Whirlpool, Powers up.Storage:

Very good. Cabinets above and drawers and storage areas below the galley.

DINETTE


Table type:

Cherry table that expands to form a larger table. Excellent condition.Seating: U-shaped seating around table and two single bench chairs.

BERTHS / STATEROOMSBerths: Three, Guest stateroom, Master stateroom and crew/guest quarters.Master stateroom:

In Aft cabin area, Amenities include: Full size bed with mattress, raised island bedwith mattress. Hanging closet, Vanity with storage. Private head Equipped withseparate controlled air conditioner. TV with separate satellite receiver.


Guest stateroom 1:

In V-berth area, Amenities include: Full size bed with mattress, raised island bedwith mattress. Hanging closet, Private head Equipped with separate controlled airconditioner. TV and stereo system.


Crew/Guest Stateroom:

In Mid cabin area, Amenities include: Bunk beds, Hanging closet, Equipped withseparate controlled air conditioner.

HEAD(S)


Number/Location:

A total of 4 heads on located on the vessel. A head is located on the aft deck that isaccessed through a deck hatch and down the ladder. The forward guest stateroomhas a private head, the main salon has a head located on the starboard side and thefourth head is located in the master stateroom.


Toilet(s):

VacuFlush system, Functional. No leaks sighted.Raw Water Supply: Raw water intake thru bronze seacock. Hose secure.Sink:

The aft head sink is stainless steel, the 3 sinks in the other heads are porcelain.


Shower(s):

The three heads in the cabin have stand up shower stalls with hand held showernozzles.

Vent Fan: Functional.Medicine Cabinet:

Yes available and fully functional.Damage sighted:

The aft deck head hatch hardware is corroded and should be replaced. Findings: Recommendations:The aft deck head hatch hardware is corroded. Replace the hardware on the hatch.


AIR CONDITIONINGManufacturer & Type:

Six Marine Air Systems, 230 Volt A/C, Reverse Cycle.Locations / BTU Capacity: Main salon- BTU:16,000 Master stateroom- BTU: 16,000 Guest stateroom- BTU:

16000 Cockpit- BTU: 16,000.


Temp Controls:

Digital temperature controls.Filter(s) Condition: Filters appeared clean. Surveyor recommends that A/C filter(s) be checked and

cleaned frequently to allow the A/C unit to operate at maximum efficiency.Drip trays: Yes, one for each condensing unit. Functional with drains.Thru hull strainer: Strainer located at A/C raw water pump inlet seacock. Strainer is clear. Hoses are

clamped and secure on all fittings sighted.Hoses & connections: Adequate size and serviceable for application, Hoses are clamped and secure on all

fittings sighted.Raw Water Cooling Pump: 220 Volt pump functioned well when testing A/C units.Thermal Imaging

No thermal anomalies were sighted when scanned with FLIR camera. Compressorand cooling coils temperatures were within normal ranges.


ELECTRICAL SYSTEMSD.C. ELECTRICAL SYSTEMS

D.C. Voltage System: 12 and 24 volt systems installed.Primary Batteries:

There are 12 batteries located in a enclosed battery compartment located in theengine compartment. All 12 batteries are Deka brand group 31 maintenance freebatteries. All batteries were volt tested and all 12 were fully charged. All batteriesare wired in series producing 12 volts/24 volts and service the house, main enginesand generator start batteries.

Battery Selector Switch:

Rocker switches, all four worked properly.


Charging System:

Both engine alternators, plus two battery chargers. A Phase Three PT-14 12 voltcharger and a Phase Three PT-24-95F 24 Volt charger are located in the enginecompartment.

Distribution Panel:

Yes located in main salon combined with AC Power panel.Breaker(s)/Fuse(s): All D.C. circuits are adequately protected by branch breakers.Connectors: Ring spade or crimp on connectors sighted for wiring connections.Terminal strip(s)/block(s): Yes -- spark protection has been provided.D.C. wiring: All wiring runs are properly secured every 18" per ABYC E-11 recommendations.


DC Electrical ground:

DC electrical system is properly tied into vessels electrical ground system using theengine as a common ground.

Other notes: Note: For 12 volt systems, a fully charged battery reads 12.7 Volts, 75% chargedbattery reads 12.4 Volts, 50% charged battery reads 12.2 Volts, 25% chargedbattery reads 12.0 Volts and a discharged battery reads 11.9 Volts or less. Checkbattery condition frequently.


A.C. ELECTRICAL SYSTEMSA.C. Voltage System:

50 Amp - 220 Volt system, Shore Power: One inlet provided by Hubbell 50 Ampcapacity, located on transom.

Shore power cord(s): Two 50 AMP, 50' length, Cord(s) appear serviceable with no burnt or corrodedfittings & cord shows no cracks.


Shore power breaker:

Separate shore power breaker is also available for the shore power inlet over 10'from power distribution panel per ABYC recommendations.

A.C. Power SelectorSwitch:

AC / Generator manual break/make lever switches for each circuit located in mainAC panel.

Distribution Panel(s):

Yes combined with DC power panel.Branch Breakers: All A.C. circuits are adequately protected by branch breakers.Reverse polarity indicator: Functional and outlets tested OK for proper polarity.


GFCI Protection:

GFCI equipped 110V outlets have been installed in all wet locations.Wire Type: Stranded copper boat cable- size and rating, where sighted, appears correct and

serviceable for intended use. Wiring Secured: Yes all wiring secured every 18" per ABYC and NFPA recommendations.Wire Terminations: A.C. wiring is properly terminated. No wire nuts or loose connections sighted.Anti-Chafe Protection: Yes sighted at all compartment pass thru locations.A.C. Electrical Ground: A.C. electrical system is properly tied into vessels electrical ground system using

the engines as a common ground.


Galvanic Isolator:

Pro Mariner 50 Amp.Thermal Imaging

No anomalies were sighted when scanned with a FLIR thermal camera. Condition summary: Good Condition.Findings: Recommendations:One stripped screw in the AC distribution panel. Inspect all screws in the electrical distribution panels

and replace any stripped screws.


GENERATORLocation/Manufacturer:

In the aft engine space between the two main engines is a Kohler, Four cylinders,Diesel generator.

Serial number:

0754002.Kilowatt/Voltage rating: 16 KW 110/220 Volt.Hour meter: Not sighted.Generator test: Will be operated at sea trial.Type of installation: Enclosed in fire proof insulation.


Hoses and clamps:

Good condition-No cracks sighted.Belts and pulleys: Belts condition are serviceable. No cracks or splits sighted. Pulleys/belts appear to

be in line.Cooling system(s):

Fresh water / heat exchanger cooled. -- coolant level is full and in good condition.


Oil level and condition:

Clean & full on dipstick. Fuel supply lines: USCG A1 flex.Engine mounts and beds:

Engine mounts appear to be well secured to the support mounting.


Engine ground cable:

Generator is properly grounded with a proper size conductor cable.Exhaust piping: Side hull exhaust.Muffler(s):

Fiberglass water lift muffler double clamped at both ends.Accessibility: Good.Condition summary: Good Condition.

INBOARD PROPULSION SYSTEMMAIN ENGINE(S)


No./Type/Cylinders

Two MAN Diesel 1550 HP quad turbo rail injected engines. Serial no(s): Port engine: 69020128131999

Starboard engine: 69020128051999. Engine(s) hours:

Port: 380 HOURSStarboard: 173607 HOURS Showing on the gauge, engine technician estimatesthe hours are the same as the port engine.

Hoses and clamps:

Good condition-No cracks, soft spots or leakage sighted.


Belts and pulleys:

These engines have covers installed which prevent inspection unless these coversare removed which our liability insurance does not cover.

Cooling system(s): Fresh water / heat exchanger cooled, -- coolant level is good and in good condition.Oil level and condition:

Clean & full on dipstick(s). No evidence of water or cuttings in lube oil as sightedon dipstick(s).

Engine ventilation: Natural ventilation for engine space is provided. Power exhaust ventilationblower(s) are installed and.

Fuel supply lines: USCG A1 flex.


Fuel filter(s):

Remote mounted MAN filters. Drip pad(s) available: Pads in place to catch fluid drippings.


Engine mounts and beds:

Engine mounts appear to be well secured to the support stringers.Engine ground cable: Engines are properly grounded together with a proper size conductor cable.


Insulation:

Yes.Last major overhaul: Engines are reported to have been replaced in 2010.Engine(s) operated: Yes on sea trial. See sea trial section for details.Oil change system:

Reverso Oil Change system.Other notes: NOTE:

It is good practice when buying a used vessel that all fluids (Engine andOutdrive) be changed and the raw water cooling impeller(s) also be changed.

As stated in the Terms and Conditions agreement, It is understood that theattending surveyor is not an engine/transmission surveyor. As such, I recommendthat all gasoline engines and transmissions be inspected by a qualified enginesurveyor/mechanic to determine the internal condition of the engine(s),transmission gears, and pumps, heat exchangers, coolers, etc.

Engine room summary: Engine room is exceptionally clean and uncluttered.


Thermal Imaging

The engine(s) were viewed with a FLIR thermal camera operating under a load.Engine(s) operating temperatures, electrical connections and cooling systems allshowed no anomalies indicating engine(s) is operating within proper limits.

EXHAUST SYSTEMDischarge location(s):

Aft corners.Piping/Clamps:

Painted cast metal and flex hose, Securely clamped using four clamps as required. Condition summary: Good Condition.


TRANSMISSION(S)Manufacturer/Model:

ZF 190 V. Serial no(s): Not sighted.Gear ratio: 2.03:01.Fluid level and condition:

Good, Fluid levels show full, fluid is bright red and does not smell burnt.Propeller shaft(s): 2-3/4" Shaft, Stainless steel.


Stuffing box(es):

Dripless shaft seal system that is raw water cooled. Boot and carbon collar issecure and appears functional.


STEERING SYSTEMSTEERING SYSTEM

Type:

Sea Star-Teleflex hydraulic steering.Condition Summary: Good Condition.

TANKAGEFUEL TANK(S)


No & Location:

Two tanks located In engine space, on the port and starboard sides.Tank Type & Capacity: Two 555 gallons capacity per tank - SPEC NS-4 Aluminum. Manufacturer' s Label(s):

The USCG required label was sighted on fuel tanks.Fuel Supply Lines: USCG A1 flex hose from tank to fuel pump. NOTE: Most fuel hose manufacturers


now recommend fuel hoses be replaced every five years.(just like replacing oldersignal flares). This is more important with the introduction of ethanol into gasolineas hoses can and do deteriorate from the inside. The date of manufacture isimprinted on all USCG approved fuel hoses ....... Consider replacing all flexible fuel hoses every 5 years as a part of routine maintenance.

Diesel Return Line(s): Engine uses grade USCG Type A1 return line. No cracks, soft spots or splittingsighted. Serviceable.

Shut Off Valve(s): Ball valves at manifold are functional.Vent line/location: Hose type, USCG A1 on hull sides.Fill line(s) located:

Side decks, clearly marked for diesel fuel per ABYC recommendations.Fill Pipe & Condition: USCG Type A2 flex hose, Fill hose is properly double clamped at both ends of fill

hose. No cracks sighted.Fuel fill grounded: Fuel fills are properly grounded to the fuel tanks.Tank(s) grounded: Yes-Grounded properly.Tank(s) secured: Yes straps with chafe protection.Tank(s) on flat surface: The bottoms of the tanks are adequately ventilated.Inspection/cleaning access: Good.Tank(s) Condition: Visually good (where accessible). Label indicates tanks were made in 2013

indicating the fuel tanks are replacement tank and not the original equipment.

FRESH WATER TANK(S)No & Locations ofTank(s):

One tank under cabin sole, Could not sight due to access under screwed downpanel.

Tank(s) Type & Capacity: Plastic reportedly with a capacity of 185 gallons.Tank(s) Condition: Not sighted.Water Pump(s): 24 volt demand pumps located in engine room. All pumps functional.Tank Monitor System: Yes, appears functional.Filling Line(s) Located: Side deck.Vent(s) location(s): Side hull.Shore Fresh Water Inlet: One, located on transom NOTE: Be sure that dockside water pressure is turned off

when the boat is unoccupied for any length of time. A burst hose or other watersystem malfunction could cause serious damage to the vessel or possibly sink thevessel at its assigned slip.

HOLDING TANK(S) - BLACK WATERMarine Sanitation Device: Certification Type: MSD U.S.C.G. Type III. (Holding tank). Waste tank is

connected to deck waste fitting for pump out.No & Location of Tanks: One holding tank located under cabin sole.Tank(s) Type & Capacity: Tank not sighted as location is below cabin sole in secured area requiring removal

of panels to inspect. Capacity is not listed.


Tank Monitor System:

Tank Watch system. Tank(s) Condition: Could not inspect due to access. Discharge Line(s) Located: Deck pump out or overboard discharge thru an opened seacock.Y Valve(s) Installed:

Yes.


Vented loop(s):

Yes. Functional.

WATER HEATERTank Location: Under cabin sole.How Powered: 220V with heat exchanger.Water heater test: Water heater tested using 240V system and found fully functional.

SAFETY EQUIPMENTU.S.C.G. REQUIRED

Navigation Lights:

Red/Green navigation lights tested and are functional. The all white sternnavigation light tested and is not functional. Anchor light was tested and foundfunctional..


Life Jackets(PFD's):

The following USCG approved life jackets were sighted on board: (9) USCG TypeII, All appear to be in good condition.

Throwable Type PFD's:

The type of USCG approved throwable PFD devices sighted were: USCG approvedRing buoy(s), All appear to be in good condition.


Visual Distress Signals:

12 Ga Aerial, (4) signals are current, plus (7) expired spares. (4) expired hand heldred flares. NOTE: All visual distress signals have a printed expiration date- 3 yearsfrom date of manufacture. It is recommended that expired signals be retained forbackup. You must have at least three aerial or three red hand held signals thatare current.

Sound Devices: Onboard Air Horn did not operate.USCG placards:

Both USCG mandated placards (Oil & Garbage) are properly posted.Engine ventilation: Natural ventilation for engine space is provided. Power exhaust ventilation

blower(s) are installed and fully operational. Functional.

Inland Navigation RuleBook:

A copy of the Inland Navigational Rules was not sighted as required for vesselsover 39'4" (12M) or longer. RECOMMENDATION: Obtain a copy of the InlandNavigation Rules and be familiar with it's contents. Keep rule book on board vesselto comply with USCG regulations and to avoid a potential fine.

Waste Management Plan: A written waste management plan was not sighted on board to comply with USCGregulations. RECOMMENDATION: Vessels over 39'4" (12M) or longer with agalley and berthing require a written waste management plan describing theprocedures for collecting, processing, storing and discharging garbage, anddesignate the person who is in charge of carrying out this plan. This is a USCGCFR 33 151.57 requirement. Non compliance could lead to a fine.


Findings: Recommendations:Onboard air horn did not function. A copy of the InlandNavigational Rules was not sighted as required forvessels over 39'4" (12M) or longer. A written wastemanagement plan was not sighted on board to complywith USCG regulations.

Have a qualified technician inspect the air horn andrepair or replace as required. Obtain a copy of theInland Navigation Rules and be familiar with it'scontents. Keep rule book on board vessel to complywith USCG regulations and to avoid a potential fine.Vessels over 39'4" (12M) or longer with a galley andberthing require a written waste management plandescribing the procedures for collecting, processing,storing and discharging garbage, and designate theperson who is in charge of carrying out this plan. This isa USCG CFR 33 151.57 requirement. Non compliancecould lead to a fine.

FIRE FIGHTING EQUIPMENT


Dry Chemical Size II:

Two USCG approved USCG approved extinguisher(s) sighted at the followinglocations: Main salon Cockpit All gauge(s) read full.


Fixed Halon/Clean Agent:

One USCG approved Sea-Fire FM 200 is located in the engine compartment. Thisis activated automatically with a manual release also located at the helm.

FIRE EQUIPMENTOBSERVATION:

Insufficient number of fire extinguishers for this size vessel.RECOMMENDATION: USCG standards for vessels over 65' with gross tonnagenot exceeding 50 tons is three (3) B-I extinguishers in the galley, crew's quartersand cabin and (1) B-II at the helmsman's position and (1) B-II in the enginecompartment. Recommend compliance with ABYC and NFPA for this size vessel.Fire extinguishers should be permanently mounted and readily available using themounting system for the brand chosen.

Findings: Recommendations:Vessel needs (2) more type B-II mounted fireextinguishers in the cabin section of the vessel.

Obtain and mount (2) more B-II fire extinguishers in thecabin section of the vessel.

BILGE PUMPSELECTRIC PUMPS: Five electric bilge pumps are located on the vessel. Pumps power up when

switched on manually.


FORWARD BILGE :

One electric pump. Located at: Forward bilge Rule 12 volt, 2000 GPH.MIDSHIP/CENTRALBILGE:

Two electric pumps. Located at: Midship / Central bilge, Rule 12 volt, 2000 GPHand 3700 GPH.


ENGINECOMPARTMENT:

Two electric pumps. Located at: Engine compartment bilge Rule 12 volt, 2000GPH and Rule 3700 GPH.

SHOWER & SUMPPUMP(S):

Sump system runs to a central tank and is pump overboard by a electric pumpinside the tank or by manual pump.


MANUAL PUMPS:

Plastimo 925 with integrated pump handle.Bilge Pump Comments: CAUTION---- Bilge pumps are high maintenance items. Bilge pumps are only the

initial part of a de-watering system, which may include a strum-box, check-valvesor occasionally anti-siphon loops and valves, piping, a seacock if the exit is belowwaterline and a thru-hull tailpiece. This entire system must be understood andmaintained. Bilge pumps may fail at any time. No warranty as to longevity can beexpressed or implied at survey. Tapered wooden plugs tied to seacocks are aninexpensive safety item and highly recommended under current ABYC standards.Keeping bilges clean and free of debris is a vital part of insuring proper operation.It is also recommended that each bilge pump be periodically tested by filling theimmediate bilge area with water, to ensure the pump(s) and float switch(s) areoperating as designed.

GROUND TACKLE


Primary anchor:

Plow type, Sized: 40Lbs with undetermined length of raw chain, 5/8" anchor line,Anchor/rode shackle pins are not properly seized----- Seize anchor rode shackleswith galvanized or monel seizing wire to help prevent loss of anchor.

Findings: Recommendations:Anchor/rode shackle pins are not properly seized. Seize anchor rode shackles with galvanized or monel

seizing wire to help prevent loss of anchor.

AUXILIARY SAFETY EQUIPMENTFirst Aid Kit: Yes.Carbon MonoxideDetectors:

NOTE: During the burning of any of fuels, Carbon Monoxide ( CO ) gas may becreated due to incomplete combustion from propulsion systems, cabin heater orstove as well as nearby boats running generators. Adequate ventilation must be provided at all times while burning any of these fuels, but CO may also be drawninto the cabin through ventilation systems. This is especially true of boats runningair conditioning. CO is a silent menace and kills without warning, Regular testingof installed CO detectors in any occupied spaces below decks is highlyrecommended.

Search light:

Yes.


Life Raft(s):

Revere Offshore Commander 6 man life raft. The life raft certification is current.

AUXILIARY EQUIPMENTMISCELLANEOUS EQUIPMENT & ACCESSORIES


Video Camera(s):

Several cameras are mounted on the vessel. There are three in the enginecompartment and one on the aft deck. All cameras can be seen on the monitorincorporated in the Nauticomp radar screen mounted on the cockpit bulkhead.

SEA TRIALSEA TRIAL DETAILS

Date & Time:

February 21st, 2014 from 1:30 PM to 3:00 PM.Vessel operated from/to: Cay Marine out the channel and operated offshore then back to the private dock at

the owners residence.


Attendees:

Mr.& Mrs. Norman Berris, the broker Jenny Wicker, the engine surveyor Hal Endefrom Scott Marine, the current owner Randy Gonzalez and J. Chet Stephens theattending surveyor.

Vessel operated by:

Mr Randy Gonzalez.Full Throttle RPM 2380 RPM.

SEA TRIAL OBSERVATIONSStart test: Each engine started properly during the power up phase of the sea trial. Engine alarms: Engine alarms for the port and starboard motors worked properly during the sea

trial. Cranking: The engine(s) started without excessive cranking. Engine alarms are functional.Exhaust smoke: The engine(s) exhaust smoke was minimal and appeared normal throughout the sea

trial.Instruments: The engine instruments all operated and within normal operating limits at idle, and

maximum throttle. Auto Pilot: Auto pilot was tested and found fully functional.Synchronizer: The engines synchronizer operated properly when tested.Max Throttle: Max throttle for the engines were rated between 2300-2350RPM. During the sea

trial the engines were run at 2380 RPM. The vessel backed down properly whentested (the gear ratio on the engines were rated at 2.03:1.)

Trim tabs: Both port and starboard trim tabs worked properly when tested.Thrusters system: Bow thruster worked properly backing out as well as entering the slip.Steering: Steering worked properly when tested. The vessel steered a complete radius of

approximately 70 feet on the starboard and port turns hard over. Vessel stabilitywas good during turning.


Throttle levers: The throttles controls worked properly and smoothly during the sea trial.Transmissions: The transmissions operated normally/smoothly.Backdown: The back down test was satisfactory. Engine mounts secure & No unusual

movement of the engine(s) was sighted.Vibrations Vibrations and engine noise were minimal during the sea trial.Shaft Log: The packless shaft seal system remained dry throughout the sea trial for both

shafts.Shaft Creep: There was NO noticeable shaft creep with engine(s) running and with gears in

neutral.Leaks: No leaks were sighted in any of the lines or hull spaces of the vessel.Generator: Generator output was recorded at 240 Volts and maintained voltage with all air

conditioners running during the sea trial.Air Conditioner: All air conditioners functioned properly in both heat and cooling modes.

SEA TRIAL ENGINE INSTRUMENT READINGSRPM: Readings were taken by Hal Ende of Scott Marine and are included in the engine

survey report provided by Scott Marine under separate cover.


INSPECTION RECOMMENDATIONS SUMMARY

PRIORITY I - SAFETY & REGULATORY RECOMMENDATIONS: (MAY BE MANDATORY)

The items listed are required by state laws or federal laws and U.S.C.G. regulations or are considered by theattending surveyor to represent unsafe operating conditions. Recommend these items be corrected before next useof vessel.U.S.C.G. REQUIREDFindings: Onboard air horn did not function. A copy of the Inland Navigational Rules was not sighted as required for vessels

over 39'4" (12M) or longer. A written waste management plan was not sighted on board to comply with USCG regulations.

Recommendations: Have a qualified technician inspect the air horn and repair or replace as required. Obtain a copy of the Inland Navigation Rules and be familiar with it's contents. Keep rule book on board vessel to comply with USCG regulations and to avoid a potential fine. Vessels over 39'4" (12M) or longer with a galley and berthing require a written waste management plan describing the procedures for collecting, processing, storing and discharging garbage, and designate the person who is in charge of carrying out this plan. This is a USCG CFR 33 151.57 requirement. Non compliance could lead to a fine.

FIRE FIGHTING EQUIPMENTFindings: Vessel needs (2) more type B-II mounted fire extinguishers in the cabin section of the vessel. Recommendations: Obtain and mount (2) more B-II fire extinguishers in the cabin section of the vessel.

PRIORITY II - MAINTENANCE & STANDARDS RELATED RECOMMENDATIONS: (NOT NORMALLY MANDATORY)

These are important maintenance items sighted which in this firm's opinion should be performed. They may alsoinclude recommendations to conform to current ABYC and NFPA-302 voluntary standards which may not havebeen in effect or may not have been adhered to by the builder when the vessel was constructed. Some of these, ifnot addressed, could lead to a Priority I safety issue and/or may result in a reduced vessel market value.WINDLESSFindings: Unit is not operational from the helm or foot controls.Recommendations: Have a qualified marine technician inspect windless and repair or replace as required.

OTHER OBSERVATIONS:These are other less significant maintenance items or observations that if not addressed, could lead to moreimportant priority issues and/or could lead to a reduced vessel market value. The cost of addressing theserecommendations is generally minimal.HULL EXTERIORFindings: Hull cosmetics are in good condition-minor nicks and scratches. The aft section of the cabin on both port and

starboard sides has cracked black paint.Recommendations: Have a qualified marine fiberglass technician repaint cracked damage area.HULL BOTTOMFindings: Strainers and screens appear to have some signs of debris & zebra mussels. Recommendations: All screens need to be cleaned at the next haul out. THRU HULL FITTINGSFindings: The air conditioning raw water intake sea valve located in the master stateroom and the overboard discharge sea

valve below the main salon cabin sole have stiff handles. Recommendations: Lubricate the sea valve handles that are stiff and monitor all handles and lubricate as required. SUN PADSFindings: Pads show their age and have some minor tears at the seams and the zipper seam for the cover is torn. Recommendations: Have the seams repaired by a qualified marine fabric seamstress.

WINDSHIELD


Findings: Port and starboard power windows did not operate.Recommendations: Have a qualified marine electrician inspect power windows and repair or replace as required. ENGINE INSTRUMENTS AND CONTROLSFindings: Starboard hour meter indicates improper hours. Recommendations: Have engine technician correct hour meter to reflect proper hours. HEADSFindings: The aft deck head hatch hardware is corroded.Recommendations: Replace the hardware on the hatch.AC/DC DISTRIBUTION PANELFindings: One stripped screw in the AC distribution panel.Recommendations: Inspect all screws in the electrical distribution panels and replace any stripped screws. GROUND TACKLEFindings: Anchor/rode shackle pins are not properly seized.Recommendations: Seize anchor rode shackles with galvanized or monel seizing wire to help prevent loss of anchor.


CONDITION & VALUE REPORT SUMMARY

DECLARATION: Rating of vessel condition was determined upon completion and review of all reported survey information includingrecommendations and comparing vessel to the same or similar age models. Possible vessel condition ratings are asfollows:

EXCELLENT - Essentially as new or bristol in appearance.

ABOVE AVERAGE - Has had above average care with no obvious defects or limitations.

AVERAGE - Ready for sale but needs some maintenance or repairs, updates or cleaning.

BELOW AVERAGE - Needs significant maintenance, repair or service.

Estimated fair market value was determined by cross referencing data from Soldboats.com, BUC, ABOS, NADA,Powerboat Guide and other brokerage listings or local dealers. Adjustments are then made for condition orequipment as necessary. The fair market value is for the vessel in it's current condition prior to any repairs ormaintenance.

Estimated replacement cost was determined using information obtained from BUC, ABOS or local dealer pricesusing the same or similar make and model with similar equipment options.

RATING OF VESSEL CONDITION.............ABOVE AVERAGE CONDITION

ESTIMATED FAIR MARKET VALUE........$930,000.00

ESTIMATED REPLACEMENT COST.........$3,180,000.00

INTENDED USE OF VESSEL.......................Pleasure- Coastal Cruising

SUITABILITY FOR INTENDED SERVICE: Vessel IS considered fit for it's intended useand upon correction of all listed Priority I recommendations.

NOTE: All "Priority II" and "Other Recommendations" should be thoroughly reviewed to bring vessel up to currentstandards and or improve the value of the vessel.


CONDITION & VALUE REPORT SUMMARY

CLOSING STATEMENT & SIGNATURE:

SUMMARY:

In accordance with the request for a marine survey of the 2004 Sunseeker Predator, for the purpose ofevaluating its present condition and estimating its fair market value and replacement cost on the date of thesurvey. I herewith submit my assessment based on the preceding report. The vessel was personallyinspected by me (the undersigned) and a sea trial was performed on February 21st, 2014. Subject to the correctionsof the deficiencies listed in the red and green summary page, the vessel will be considered to be suitable for itsintended use. Other deficiencies listed in the blue findings should be attended to in a timely fashion.

SURVEYORS CERTIFICATION

I certify that, to the best of my knowledge and belief:

The statements contained in this report are true and correct.

The reported analysis, opinions, and conclusions are limited only by the reported findings, but may alsoextend to the statements of the owner, captain, or representative of the vessel. My report may also belimiting based upon the conditions that the survey may bring. My findings and conclusions are from mybest efforts from professional analysis, opinions, and conclusions which are based upon my experience andtraining.

I have no present or prospective interest in the vessel that is the subject of this report, and I have nopersonal interest or bias to the parties involved.

My compensation is not contingent upon the reporting of a predetermined value from any party, nor thedirection in value or direction in a value assessment that favors the cause of the client. My compensation isnot contingent upon the amount of the value estimate, the attainment of a desired result, or the occurrenceof a subsequent event.

I have made a personal inspection of the vessel that is the subject of this report.

This appraisal is submitted in confidence for the exclusive use of Mr. Norman Berris without prejudice to therights and / or interests of any other concerned parties and may not be used for any other purpose or relied upon byany other person.

ATTENDING SURVEYOR: J. Chet Stephens

J. Chet Stephens SA Society Of Accredited Marine Surveyors

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Sunseeker Predator Sample

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