Gallagher Marine Surveyors 6 Fosters Point Beverly MA 01915 REPORT OF MARINE SURVEY PRE-PURCHASE CONDITION & VALUE of the vessel

" Michael Craven"

1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME PREPARED EXCLUSIVELY FOR: Massachusetts Marine Fisheries 30 Emerson Ave Gloucester MA 01930 CONDUCTED BY: Bob Gallagher. on August 8, 2014

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 1 of 31

SURVEY REPORT TABLE OF CONTENTS

Major Systems Surveyed

Page No.

SCOPE OF SURVEY & GENERAL INFORMATION

4

EXTERIOR HULL & BOTTOM INSPECTION

7

TOP DECK & SUPERSTRUCTURE

9

FISHING EQUIPMENT

10

INTERIOR HULL & STRUCTURAL INSPECTION

10

HELM & NAVIGATION ELECTRONICS

11

CABIN INTERIOR APPOINTMENTS

13

ELECTRICAL SYSTEMS

15

PROPULSION SYSTEM

17

STEERING SYSTEM

20

TANKAGE / PLUMBING

20

SAFETY EQUIPMENT

22

SEA TRIAL RESULTS

25

THE FOLLOWING SUMMARY PAGES ARE AN INTEGRAL PART OF THIS SURVEY REPORT AND IMMEDIATELY FOLLOW THE ABOVE DETAIL INFORMATION.

•

RECOMMENDATIONS SUMMARY

CONDITION & VALUE SUMMARY & SIGNATURE PAGE

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 2 of 31

INTRODUCTION

REPORT INTRODUCTION COMMENTS:

SUMMARY OF QUALIFICATIONS ROBERT P. GALLAGHER, AMS-E, Y, SC ACCREDITED MARINE SURVEYOR

I have more than 40 years experience in the marine service industry. I started at the bottom, sanding and painting at a boat dealership. Later I worked full time prepping new boats and performing service work on inboard-outboard and outboard engines eventually becoming a service manager. I began attending factory service schools in 1975 and remain current with industry developments by continuing to attend on an annual basis. Service programs include Mercruiser, Volvo-Penta, OMC, Crusader, Marine Power, and Volvo Auxiliary Diesels. Seminars attended have included Johnson & Towers Diesels, Detroit Diesels, Marine transmissions, wiring, fiberglass repair along with many related to hull surveying. As a member of SAMS, I am required to regularly attend seminars to keep abreast of new developments and methods in the construction and design of marine equipment. I am one of the few surveyors nationwide to have earned the “Accredited Marine Surveyor – Engines” designation by SAMS and have also been certified by ABYC as a marine electrical technician. After being a service manager for a number of marinas and boatyards in the Northeast I began my own repair business in 1984. Along with a crew of five, my business performed major and minor repairs on outboard, inboard-outboard and inboard engines, both gas and diesel. Running gear repair and alignments, hull, wiring and plumbing repairs were also performed. My personal boating experience includes the restoration of three wooden and several fiberglass powerboats. Memberships include: American Boat and Yacht Council Society of Accredited Marine Surveyors, Inc., AMS #491 E,YSC.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 3 of 31

SCOPE OF SURVEY & GENERAL INFORMATION SCOPE OF SURVEY Comm. of Massachusetts Marine Fisheries 98 South Shore 38. August 8, 2014. 8/08/2014. This survey was performed at the request of the purchaser, Massachusetts Marine Fisheries, Bill Hoffman, who was present at the time of the survey. Findings were pointed out and discussed as they were identified. This survey was attended by: Buyer & surveyor. Survey attended by: Assess the overall condition and value of vessel for pre-purchase decision making Purpose of survey: and if purchased, used for insurance underwriting and/or financing. Bob Gallagher. Conducted by: Commercial use. Intended use: Rose's Marine Gloucester, MA. Vessel surveyed at: The vessel was surveyed both while afloat & hauled out of the water. How survey conducted: A sea trial was performed as part of this survey. The results are included in the Sea Sea trial: Trial section. Clear & dry. Weather conditions: See Survey Report Table of Contents for complete list of all vessel areas that were Areas inspected: inspected. Electrical systems checked: DC power was used to check DC electrical systems. The Tramex Skipper Plus moisture meter was used for moisture readings Moisture checks: referenced in this report. All moisture readings are comparative to surrounding areas with terms of normal or relatively dry, relatively moist or relatively wet. If delamination is present with above normal moisture readings further testing is advised. Report file no: Inspection date(s): Date report written: Survey requested by:

VESSEL CONDITION & VALUE Condition rating: Estimated fair market value:

Estimated replacement cost: NOTE:

ABOVE AVERAGE CONDITION. $ 125,000.00 No published guide prices are available for this vessel. Similar vessels found on line for sale include a 1998 36' Northern Bay for $155,000. in CT & a 1996 Northern Bay 36' in MI for $180,000.00. $ 350,000.00. The overall vessel condition and value is for the vessel in its current condition at the time of survey prior to any repairs or maintenance and was established after a complete inspection of stated vessel, the results of which are included in this report of survey. The estimated fair market value and replacement cost includes all listed auxiliary equipment. See "Condition & Value Summary" section for additional details.

SURVEY REQUESTED BY Client name: Massachusetts Marine Fisheries.

Street address: 30 Emerson Ave.

Business phone: 978-282-0308106.

Cellular phone: 617-727-1306.

City/State/Zip: Gloucester MA 01930.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 4 of 31

VESSEL INFORMATION Vessel Yr/Make/Model: Vessel name: Hailing port: Hull ID number (HIN):

Manufacturer/Builder: Vessel description:

1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME. Michael Craven. None sighted. SSI38012J696. The Hull Identification No (HIN) is in agreement with the vessel's documentation information found on-line. The actual HIN was NOT sighted on the vessel. Owner is advised to verify HIN is present or inscribe the HIN permanently into the transom on the upper starboard side for Hull Identification purposes and to comply with 33 CFR Sub Part C 181.23. South Shore Boat (hull), Marine Systems Custom Boats (finish) 38' fiberglass single engine "down-east" style lobster boat. Open aft cockpit with a large live well in the deck forward. Open transom. Open starboard helm/hauling station along with an enclosed second station in the wheel-house. The forward cabin has two bunks to port, a V-berth forward, a small galley area to starboard and an enclosed head to starboard aft.

VESSEL SPECIFICATIONS Type: Fiberglass, Displacement hull Conventional sheer.

Length overall (L.O.A.): 38'

Beam: 14' 6"

Draft: Unknown.

Displacement: Unknown.

Overhead clearance: Unknown.

U.S.C.G. OFFICIAL DOCUMENTATION Official Documentation No:

1064051. permanently affixed per USCG regulations. Documentation is expired based on USCG data base.

Documented name: Sara Ann.

Documented use: Fishery.

Documented hailing port: Gloucester, MA. The vessel hailing port on the vessel does not match the official USCG documentation sighted. This is a violation of Federal Law. RECOMMENDATION: Correct either the boat or the document so the home port displayed on the transom is an agreement with the USCG documentation. This is required to comply with 46 CFR 67.45 and to avoid potential major fines.

Documented length: 38.1.

Documented breadth: 14.5.

Documented depth: 6.8.

Documented gross tons: 25.

Documented net tons: 20.

Documented owner: Dennis Wilk.

Documentation current: All above documentation information was obtained from the Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 5 of 31

Official USCG Documented vessel web site. Documentation has Expired 2005.

SURVEY STANDARDS Standards followed:

This survey was completed using as reference the federal regulations and amendments issued and enforced by the United States Coast Guard under the authority of Titles 33 and 46 of the United States Code of Federal Regulations (CFR's) in effect at the time of the survey inspection. In addition the American Boat and Yacht Council (ABYC) and National Fire Protection Association (NFPA-302) voluntary standards in effect at the time of the survey were used as reference. These ABYC and NFPA voluntary standard practices are generally followed by most vessel manufacturers today. 100% adherence is not guaranteed.

SURVEY INSPECTION COMMENTS Comments:

• All systems and components inspected and described herein apply only at Time of Survey and are considered serviceable and/or functional except as indicated in the survey report and listed in the Recommendations section. Electronic devices and instruments were checked for power up only - not for functionality. Areas not inspected include vessel structure areas which are covered, unexposed or inaccessible such as screwed down or false panels or bulkheads, moldings or any area that was not readily open for visual inspection. If a component is not identified in this report, it was not inspected. • It is the nature of marine vessels that deterioration, wear and accidents do occur and as such, this report therefore represents the condition of the vessel only on the date the survey was conducted. It provides no guarantee and no prediction of the vessel's condition on any later date. • "Priority I Recommendations" are related to Safety & Regulatory findings and are printed RED in the report. • "Priority II Recommendations" are related to Maintenance & Standards findings and are printed BLUE in the report. •"Other Observations" are findings that are relatively minor in nature and are printed GREEN in the report. ________________________________________________________________ • The US Power Squadron offers relatively inexpensive boating safety classes for both new and seasoned boaters and will better prepare any boater for use of a power or sailing vessel on open waters. Many Insurance companies offer premium discounts upon successful completion of these classes. Recommend that you check with your local US Power Squadron office for availability of these classes. Some of the topics covered are: Advanced Power Boat Handling Anchoring Basic Coastal Navigation Boat Handling Under Power USCG Regulations & CFR's Marine Radar How to Use a Chart

Report terms used:

Mariner's Compass Onboard Weather Forecasting Sail Trim and Rig Tuning Trailering Your Boat Knots, Bends and Hitches Using VHF & VHF/DCS Marine Radio Using a GPS

• FRP: Fibre reinforced plastic-Also known as Fiberglass. This is the typical construction material for most modern day yachts and small craft. • APPEARS: Indicates that a very close inspection of the particular system,

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 6 of 31

component or item was not possible due to constraints imposed upon the surveyor (e. g. no power available, behind screwed down panels, or requirements not to conduct destructive tests). • FUNCTIONAL/OPERABLE: Functions as intended. • POWERS UP: Device was tested for Power Up only, not for full design functionality. • SERVICEABLE: Sufficient for a specific requirement. • EXCELLENT CONDITION: New or like new. • GOOD CONDITION: Shows minimal wear with possible minor cosmetic discrepancies. • FAIR CONDITION: Denotes that system, component or item is functional as is with minor repairs. (MONITOR OFTEN) • POOR CONDITION: Requires repair or replacement of system, component or item to be considered fully usable.

EXTERIOR HULL & BOTTOM INSPECTION HULL EXTERIOR-SIDES Construction material:

Hand laid and molded fiberglass.

Hull cosmetics:

Hull cosmetics are in good condition-minor nicks and scratches which are typical for a vessel of this age. All moisture meter readings on side hull near the water line and surrounding thru hull fittings were relatively dry with normal comparative moisture meter readings. Solid, no cracks on external inspection. Plastic mushroom head fittings, used for: Bilge/Sump drains, Sink drains, Stainless steel mushroom for engine raw water outlet All thru hull fittings are adequately secured and sealed to hull. Rub rail is stainless steel with backing of white plastic. Fair condition with several deep gouges but remains serviceable and well secured (except where noted). Some separation on the port transom area.

Moisture/Delamination: Stem: Side thru hull fittings:

Rub rail:

Engine room vents:

Vents are attached and in good condition- no cracks sighted.

TRANSOM Transom type:

Open transom.

Moisture/Delamination:

No moisture meter readings taken due to wet hull.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 7 of 31

Stress cracks:

Center of transom. No delamination evidence found.

Transom thru hull fittings: All well secured and functional. Removable dive ladder. Swim/Boarding ladder:

HULL BOTTOM Construction material: Bottom paint: Stress cracks: Osmotic blistering: Blister comments:

Moisture:

Grounding damage: Strainers/Scoops/Screens:

Transducers: Thru Hull fittings: External drain plugs: Grounding plate(s):

Molded fiberglass, No cracks or separation sighted on any portion of hull bottom. Anti-fouling bottom paint in good condition. None sighted. NO evidence of blisters was found on hull bottom during bottom inspection. 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 dry out over winter storage unless severe or large. Blisters (if any) best appear after vessel has been in water for an entire season. In addition, the symptomatic evidence of blistering can be obscured by bottom coatings, a dry storage period during which blisters spontaneously depressurize, bottom laminate sanding, and other conditions or actions. Recommend full inspection for blisters immediately after haul-out and power wash. Surveyor has no firsthand knowledge of the history of bottom maintenance, blistering, repairs or prophylactic coatings on this vessel. Moisture meter readings not taken due to vessel bottom wet/just hauled out and wet hull/bottom paint would provide false moisture readings. Percussion hammer testing showed No apparent evidence of any delamination on hull bottom. None noted. Starboard scoop is damaged. Replace.

Transducers for speed and depth are adequately sealed and bonded to the hull. Mushroom type bronze fittings for all below water line sea cock locations. Well secured to hull bottom. Keel mounted. Well secured. Wires not connected.

KEEL Keel type: Keel condition:

Keel is molded in with hull. Full length. Keel is well secured and well faired into hull. No cracks or separation sighted at hull to keel joint.

PROPELLER(S)/SHAFT(S) / STRUT(S)

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 8 of 31

Four blade bronze LH 30" diameter. Pitch or manufacturer could not be determined due to excessive prop surface corrosion which appears to be caused by stray current corrosion. The prop blades are rough and have thinned out at the outer edges. The prop key is severely pitted from the corrosion and need to be replaced. The propeller will likely require replacement. Shaft size is 2 1/2" and made of Stainless steel. Line cutters mounted on shaft. Shaft size / material: No strut. Shaft log thru shoal keel which is secure. Strut(s): Cutlass (shaft) bearing(s): Good condition. No play found in cutlass bearing, NOTE: Monitor condition of cutlass bearing(s) after each haul out and replace if play is excessive or if shaft vibrations are felt when underway. Prop(s) description:

RUDDER(S) Rudder type:

Stainless steel, Skeg hung. The lower bearing is worn allowing excessive shaft movement. The upper collar is loose allowing the upper seal to leak. The rudder shows some signs of stray current corrosion but appears to remain serviceable. RECOMMENDATION: Have rudder and rudder shaft fully inspected to be sure there is no hidden damage and correct as necessary.

ANODES Shaft:

Rudder: Hull mounted: Replacement required?: Anode notes:

None sighted on shafts. Surveyor recommends a collar anode for each shaft mounted just forward of the strut. Besides protecting the shaft from corrosion, this serves as protection from loss of shaft/prop in case of shaft coupler failure. No. Worn off. All anodes are deteriorated. RECOMMENDATION: Replace all anodes. Monitor all anodes frequently on hull and underwater equipment and replace when they are no more than 50% wasted. Anodes are normal replacement items designed to protect the running gear from electrolysis. Keep spares aboard vessel.

TOP DECK & SUPERSTRUCTURE MAIN DECK & FITTINGS Deck Surface:

Molded, cored fiberglass deck construction (core not sampled). Green painted gel coat with molded in non skid fiberglass surface. Good condition. Deck is solid under foot, no soft spots discovered and minor visible cracks and chips sighted.

Moisture/Delamination:

Most of the top deck had normal relatively Dry moisture meter readings. Higher than normal moisture readings found in deck surface as follows: Port & starboard raised side decks aft along the cockpit. The port side deck along the cabin side, the wheelhouse port side, the trunk cabin port side and near the gelcoat cracks on the starboard trunk cabin. None.

Anchor platform:

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 9 of 31

Anchor/chain locker: Bow pulpit/rail: Toe rail(s): Cleats & fairleads: Joinery stress: Cabin (house) to deck joint: Grab rail(s): Escape hatch(es): Cabin house window(s): Windshield: Spotlight: Radar arch:

None. None. Molded in, no cracks or separation sighted. Horn cleats are all well secured to deck and side deck and are functional. Some minor gel coat stress cracks sighted on deck which is fairly typical for this age vessel. Molded in -- Some stress cracks noted. Sides of cabin top, plastic. Forward cabin top. Fixed side windows. Some clouding indicate seal leaks. Some loose gaskets. Recondition as needed. Large three piece aluminum framed. No cracks or separation sighted. Hand operated Jabsco. Mast, Aluminum-painted with matching paint.- Well secured.

COCKPIT Cockpit & Helm seating

Stidd seat at the helm, L-shaped dinette aft of the helm.

Sole: Moisture/Delamination: Scuppers/deck drain(s): Cabin entrance: Storage: Storage/access hatch(es): Top/superstructure:

FRP (fiber reinforced plastic) over plywood, plastic tiles over. Areas visible below deck appear solid with no apparent leaks. Open transom. Sliding door starboard side. Under most cockpit seating areas. Manual lift engine compartment hatch covers in the wheel-house. FRP hard top that is well secured. Elevated moisture readings were found around both sides of the hardtop near the grab rails. Approximately 1/3 of the port side has elevated readings. Consult fiberglass repair technicians for repair estimates.

FISHING EQUIPMENT FISHING GEAR Live bait wells: Fish box(s): Wash down system:

Yes-Built in forward cockpit deck. Built in. Yes, Raw water.

INTERIOR HULL & STRUCTURAL INSPECTION HULL INTERIOR & STRUCTURAL COMPONENTS Hull to deck joint:

Overlap (Shoe box type), Deck joint was covered with FRP (Fiber reinforced plastic), no cracks sighted where it could be sighted. No leaks sighted thru any part

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 10 of 31

Bilge(s): Stringers:

Bulkheads:

Stem: Inside of transom:

of hull to deck joint area sighted. Clean and dry. Hull stiffness provided by FRP covered wooden longitudinal stringers that run the length of the vessel. Complete inspection not possible due to limited access. Stringers were sighted in the aft bilge, engine compartment and under portions of cabin sole and are well glassed into hull where sighted. Stringers sounded with hammer where accessible and appeared very sound. No soft spots, separation, cracks rotting or splitting sighted. Limber holes appear to be adequately sealed where sighted. Athwart ships reinforcement enhanced by structural bulkheads bonded to the hull with FRP (fiber reinforced plastic). All tabbing appears serviceable and sound with no cracks or separation of tabbing sighted in any compartments. The port side helm station bulkhead has significant water damage causing delamination of the plywood in the upper & mid corner. Cut out damaged sections and replace as needed. Solid stem, no cracks or separation sighted inside. Reinforced. Secure-no cracks or separation sighted.

ALL THRU HULL FITTINGS Sea valves: Sea valve condition: Sea valves piping:

Bronze seacock ball valve(s) installed, Sea valves sighted are used for: Deck wash down inlet, Engine(s) raw water intake(s), Head raw water flush intake. Sea valves are all functional. Marine rubber covered reinforced hose.

HELM & NAVIGATION ELECTRONICS NAVIGATION ELECTRONICS Helm station:

Main Helm station inside wheelhouse, Outside station with the hauler starboard side.

Compass(es):

4" Ritchie Powerdamp (outside) Compass fluid has leaked out. RECOMMENDATION: Repair or replace compass to restore full functionality. Azimuth 1000 digital compass mounted inside. Not reading accurately. Repair or replace. Standard Horizon Nova & Omni. Robertson AP 35 The autopilot did not power up. RECOMMENDATION: Repair or replace as required. Furuno 1761 Powers up OK. Northstar 952 (2). Powers up OK. Furuno 292 Powers up OK.

VHF radio(s): Autopilot(s): Radar: Chart plotter(s): Fish finder(s):

ENGINE INSTRUMENTS AND CONTROLS Throttle and shift controls: Teleflex Separate levers for each engine throttle and shift control. Controls work smoothly. Not equipped. Engine room blowers: Engine alarm/Shutdown: Alarm tested and found functional. All engine instruments are OEM. (Original Equipment Manufacturer) Engine status: Yes. Volt: 259. Hour meter(s): Yes. Oil pressure: Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 11 of 31

Tachometer(s): Temperature:

Yes. Yes.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 12 of 31

OTHER ELECTRONICS AND CONTROLS Antenna(s): Bilge pump switches: High water alarm: Windshield wiper(s):

VHF, Radar, GPS. Three bilge pump switches-- all power up bilge pumps. Yes. Two Wipers- both power up.

CABIN INTERIOR APPOINTMENTS MAIN SALON Style: Cabin steps: Sole: Bulkheads/Trim: Headliner: Doors: Framing Trim: Seat cushions: Side windows: Light fixtures: Storage: Overall interior condition:

Traditional commercial layout. Wood steps attached to a plywood bulkhead. Plywood. Deck is soft. Replace. Painted plywood. Vented vinyl. Clean and well fastened. No tears, splits or stains sighted. Composite door to the head. Teak trim around all doors and counter tops. Cloth covered. Port light windows-Opening type. Well sealed and appear serviceable. 12 volt cabin lights throughout the vessel. Storage under V- Berth. hanging locker(s) Interior is in good condition for its age.

GALLEY Location:

Starboard side.

Stove: Refrigeration: Water system: Microwave oven:

None. Norcold model DE-351D, Operates on 110V or 12V. Pressurized cold only. General Electric.

DINETTE Table type:

Pedestal.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 13 of 31

Seating:

L shaped seating around dinette table.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 14 of 31

BERTHS / STATEROOMS Berths:

V-berth sleeps two, Two Quarterberths.

HEAD(S) Number/Location: Toilet(s): Raw water supply: Sink: Shower(s):

on Starboard side. Galley Maid Head electric flush does not power up. RECOMMENDATION: Repair electric flush to make operational. Raw water intake thru bronze seacock. Hose secure. Stainless steel. No.

CABIN HEATER Heater Craft. Manufacturer: 12 Volt & engine coolant. Type: Locations / BTU Capacity: Helm.

ELECTRICAL SYSTEMS D.C. ELECTRICAL SYSTEMS D.C. Voltage system:

12 Volt system.

Primary batteries:

There are two batteries located in the engine compartment that are 8D Lead acid batteries which provide service to the main engine(s) plus house electrical and are wired and Wired . in parallel producing 12 volts. Yes Rotary switch is functional. NOTE: Recommend alternating use of battery one and two when using vessel. Only use the battery switch All position if both batteries are low or when charging with battery charger/alternator.

Battery selector switch:

Charging system:

Alternator & Inverter/Charger.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 15 of 31

Distribution panel:

combined with AC Power panel.

Breaker(s)/fuse(s): D.C. wiring:

All D.C. circuits are adequately protected by branch or switched breakers. All wiring runs are properly secured every 18" per ABYC E-11 recommendations. Ring spade or crimp on connectors sighted for wiring connections per ABYC recommendations. DC electrical system is properly tied into vessels electrical ground system using the engine as a common ground.

DC Electrical ground:

A.C. ELECTRICAL SYSTEMS A.C. Voltage system: Shore power cord(s): Shore power breaker: Distribution panel(s):

30 Amp - 120 Volt system. One inlet. 30 AMP-length not measured. Dual pole breaker for shore power at main power distribution panel per ABYC recommendations. Yes combined with DC power panel.

All A.C. circuits are adequately protected by branch breakers. Branch breakers: Reverse polarity indicator: Functional and outlets tested OK for proper polarity. GFCI protection is provided for galley and head and other wet locations. GFCI GFCI protection: trips properly when tested in all wet locations. None. A.C. meter(s):

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 16 of 31

A.C. wiring:

Stranded copper boat cable- size and rating, where sighted, appears correct and serviceable for intended use. All wiring runs are properly secured every 18" per ABYC E-11 and NFPA 302 recommendations. A.C. wiring is properly terminated. No wire nuts or loose connections sighted. Ring spade or crimp on connectors sighted for wiring connections per ABYC recommendations.

Anti-chafe protection: A.C. Electrical ground:

Yes sighted at all compartment pass thru locations. A.C. electrical system is properly tied into vessels electrical ground system using the engines as a common ground.

INVERTER/CONVERTER Type: Manufacturer: Location:

Charger / Inverter. Heart Interface Freedom Model 20. Port side of cabin steps.

Input (volts) Output Warning labels:

12 Volts. 110 volts. 2000Watts. 12 volt 100 AMPS. No warning label stating shock hazard. RECOMMENDATION: Post a warning label stating "Electrical shock hazard. Vessel is equipped with a DC to AC power inverter. Disconnect inverter DC input before servicing vessel's electrical systems in the utility room with the main electrical panel".

GROUND/BONDING SYSTEM Main bonding conductor:

Engine is properly grounded. The remaining ground/bonding system is well established where sighted; Electrical system, Seacocks, Shaft logs, Rudder, Sea Strainers, Pumps, Fuel system/tanks, Hull Zincs were all bonded. The bonding system is using individual green insulated wire.

PROPULSION SYSTEM MAIN ENGINE(S) No./Type/Cylinders

One 2011 John Deere BJDXN 13.5124 Model 6135SFM75 Inboard Diesel, In Line 6 cylinder, Turbo After cooled 660 HP @ 2100 RPM.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 17 of 31

Serial no(s):

RG6135G000348.

Engine(s) hours: Raw water hoses: Belts and pulleys:

259. Good condition-No cracks, soft spots or leakage sighted. Belts condition are serviceable. No cracks or splits sighted. Pulleys/belts appear to be in line. -- coolant level is good and appears in good condition. Clean & full on dipstick(s). No evidence of water or cuttings in lube oil as sighted on dipstick(s). Natural ventilation for engine space is provided. Engine mounted. No leaks sighted. USCG A1 flex. No leaks, cracks or soft spots sighted. No leaks sighted at fuel filters. No Pads in place beneath engine(s). Fluids and debris fall into bilge area. ----Consider installing drip pads beneath engine(s) to catch fluid drippings and rapidly identify leaks of any kind. Engine mounts appear to be well secured to the support stringers. Solid mounted. NOTE: See Hull Interior section for condition of stringers themselves. Engine is properly grounded with a proper size conductor cable. Some in wheelhouse deck, needed in the forward engine room bulkhea/cabin steps. Yes on sea trial. See sea trial section for details. Oil Xchange-R system. Appears serviceable. Engine room is exceptionally clean and uncluttered. • It is good practice when buying a used vessel that all fluids (Engine/Transmission or Outdrive ) be changed and the raw water cooling impeller(s) also be changed.

Cooling system(s): Oil level and condition: Engine ventilation: Fuel pump(s): Fuel supply lines: Fuel filter(s): Drip pad(s) :

Engine mounts and beds: Engine ground cable: Insulation: Engine(s) operated: Oil change system: Engine room summary: Other notes:

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

EXHAUST SYSTEM Exhaust manifold:

Excellent condition- No cracks or leakage sighted using inspection mirror.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 18 of 31

Muffler(s):

No visible leaks or water tracks sighted.

Piping/Clamps:

Pipe. Some insulation loose. Repair or replace as needed. Oil line run near the exhaust pipe on the starboard side needs to be moved away from the exhaust.

Discharge location(s):

Cockpit forward port side.

TRANSMISSION(S) Manufacturer/Model:

ZF IRM 911A.

Serial no(s): Gear ratio: Fluid level and condition: Propeller shaft(s):

96-15961. 2.03:1. Gear oil is full and clean- does not smell burnt. Stainless steel, 2 1/2"

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 19 of 31

Stuffing box(es):

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

STEERING SYSTEM STEERING SYSTEM Type: Lines and fittings: Mounting(s):

Hydraulic lines and ram cylinder with attached rudder tiller on rudder stock. Heavy rust on oil lines. Replace as needed. No leaks sighted. Cylinder & ram actuator well secured-no leaks sighted.

Rudder stock(s): Packing glands:

1 1/2" Stainless steel. Some corrosion. see corrections. Leaking. See corrections.

TANKAGE / PLUMBING FUEL TANK(S) No & Location: Tank type & capacity: Manufacturer' s label(s): Fuel supply lines:

Two tanks located under the cockpit sole. on the port and starboard sides. Tank(s) are constructed of Fiberglass. The tank(s) capacity is unknown. The USCG required label was sighted on fuel tanks. (Curtis Cove Boat Works) USCG A1 flex hose from tank to fuel pump. Well secured and No cracks, soft spots or splitting sighted. Serviceable, NOTE: Most fuel hose manufacturers now recommend fuel hoses be replaced every five years.(just like replacing older signal flares). This is more important with the introduction of ethanol into gasoline as hoses can and do deteriorate from the inside. The date of manufacture is imprinted on all USCG approved fuel hoses. Consider replacing all flexible fuel hoses every 5 years as a part of routine maintenance. 33CFR183.540 Hoses: Standards and markings • Each "USCG Type A1"' "USCG Type A2," USCG Type B1," and "USCG Type B2" hose must be identified by the manufacturer by a marking on the hose. • Each marking must contain the following information in English: (1) The statement "USCG TYPE (insert A1 or A2 or B1 or B2) (2) The year in which the hose was manufactured. (3) The manufacturer's name or registered trade mark

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 20 of 31

• Each character must be block capitol letters and numerals that are at least one eighth-inch high. • Each marking must be permanent, legible, and on the outside of the hose at intervals of 12 inches or less. Engine uses grade USCG Type A1 return line. No cracks, soft spots or splitting Diesel return line(s): sighted. Serviceable. Ball valves at manifold are functional. Shut off valve(s): Vent located on hull side(s), with flame screens or cleanable vents in place and Vent line/location: clear. USCG A1 No cracks, soft spots or splitting sighted. Serviceable. On tanks, Fuel fill caps are not marked for type of fuel. ------ ABYC recommends Fill line(s) located: in part that deck plates or fill caps carry a permanent identification of the fuel type. Recommend compliance. USCG A1 flex type hose, No cracks, soft spots or splitting sighted. Serviceable. Fill pipe & condition: Fill hose is properly double clamped at both ends of fill hose. Not required with plastic fuel tank. Fuel fill grounded: Not required with plastic fuel tank. Tank(s) grounded: Yes. Tank(s) secured: Inspection/cleaning access: Limited. Visually good (where accessible) Tank(s) condition:

FRESH WATER TANK(S) No & locations of tanks: Tank(s) type & capacity: Tank(s) secured: Inspection/cleaning access: Tank(s) condition: Water pump(s): Supply lines: Vent(s) location(s):

One tank under cockpit sole starboard side. Plastic with a total capacity of 36 gallons. Yes. Limited. Visually good (where accessible) 12 Volt. Vinyl. Side hull.

HOLDING TANK(S) - BLACK WATER Marine Sanitation Device: Certification Type: MSD U.S.C.G. Type III. (Holding tank). Waste tank is connected to deck waste fitting for pump out. Waste tank is also connected to an operational overboard discharge system in addition to the waste holding tank and deck pump out. This is in violation of USCG regulations for the Great Lakes and all inland waters. An operational waste overboard discharge system is illegal in Inland waters and the Great Lakes and can result in major fines. RECOMMENDATION: The overboard discharge system must be disabled. USCG regulation 33CFR 159.7 requires securing the device by one of the following methods: 1) closing the seacock and removing the handle; 2) padlocking the seacock in the closed position; 3) using a non-releasable wire-tie to hold the seacock in the closed position; or 4) locking the door to the space enclosing the toilets with a padlock or door handle key lock. No & Location of tanks: Tank(s) type & capacity: Tank Monitor system: Tank(s) secured: Tank(s) condition: Inspection/cleaning access:

One holding tank aft of the head. Plastic with a total capacity of unknown gallons. No. Yes. Visually good (where accessible) Very limited-Since the holding tank and system fittings were not readily visible, owner is advised to remove or install any access panels to inspect holding tank,

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 21 of 31

vent and waste lines and ensure they are serviceable. Lines are all well secured. No cracks or leaks sighted. Lines: Discharge line(s) located: Deck pump out or overboard discharge thru an opened seacock. Yes. Y valve(s) installed: Side hull. Vent(s) location(s): 12V. Macerator pump(s): Waste treatment system(s) No. installed:

SAFETY EQUIPMENT U.S.C.G. REQUIRED Navigation lights:

Life Jackets(PFD's): Throwable type PFD's:

Visual Distress Signals:

Sound devices: USCG placards: Engine ventilation:

All Navigation running lights were tested and found fully operational unless otherwise stated. The port (red) light is not operational, RECOMMENDATION: Further investigate and repair noted Nav lights as necessary to comply with 33 USC 2020/Colregs 20 if plan to use vessel between dusk and dawn or before using vessel in limited light conditions. USCG Type II, All appear to be in good condition. All Throwable PFD's sighted appear to be in good condition NOTE: Type IV throwable PFD is a requirement and designed to be thrown to a person in the water and grasped and held by the user until rescued. Keep all throwable PFD's in a readily accessible location and although not a requirement, insure that a 30' to 50' floating tether line is attached. NOTE: All visual distress signals have a printed expiration date- 3 years from date of manufacture. It is recommended that expired signals be retained for backup. You must have at least three aerial or three red hand held signals that are current. Hand held air horn is available. Both USCG mandated placards (Oil & Garbage) are properly posted. Natural ventilation for engine space is provided.

FIRE FIGHTING EQUIPMENT-U.S.C.G. Required Dry Chemical Size I: FIRE EQUIPMENT OBSERVATION:

Two USCG approved USCG approved extinguisher(s) sighted at the following locations: Main salon & wheelhouse, All gauge(s) read full. NOTES: • Dry chemical Fire extinguishers should be installed with available brackets in a readily accessible and visible location- Not stored inside drawers or cupboards. • ABYC A-4 recommends that portable fire extinguishers have a full maintenance check performed at least once per year by a qualified fire extinguishing service company a tag should be attached showing the date of the maintenance check. • Fire extinguisher pressure gauges should be checked monthly to assure that readings are full or in the green area. • NFPA recommends that dry chemical fire extinguishers be periodically shaken to ensure the dry chemical powder is loose and is not compacted. If in doubt, replace the extinguisher.

BILGE PUMPS ENGINE COMPARTMENT:

AFT BILGE:

Two electric pumps. Pumps sighted are: Rule 12 volt, 1100 GPH & 2000 GPH, Pump(s) power up when switched on manually. Automatic built in float switch. Pump is equipped with a separate float switch that was tested and found fully functional. One electric pump. Pumps sighted are: Rule 12 volt, 2000 GPH, Pump(s) power up

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 22 of 31

Bilge Pump Comments:

when switched on manually. Automatic built in float switch. Pump is equipped with a separate float switch that was tested and found fully functional. 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-valves or occasionally anti-siphon loops and valves, piping, a seacock if the exit is below waterline and a thru-hull tailpiece. This entire system must be understood and maintained. Bilge pumps may fail at any time. No warranty as to longevity can be expressed or implied at survey. Tapered wooden plugs tied to seacocks are an inexpensive 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 the immediate bilge area with water, to ensure the pump(s) and float switch(s) and or high water alarms (if equipped) are operating as designed.

GROUND TACKLE Primary anchor:

Danforth type, Sized: #22 with undetermined length of raw chain & 5/8" anchor line.

EMERGENCY LIFE RAFT Manufacturer:

Not on board.

AUXILIARY SAFETY EQUIPMENT First aid kit: Smoke detector(s):

Carbon monoxide detectors:

Deck spreader lights:

Yes and appears well equipped. None sighted. ------ Since 2004, NFPA 302-12.3 has recommended RV tested or more recently marine tested Smoke Detection devices for all vessels 26 ft (8m) or more in length with accommodation spaces intended for sleeping and is installed and maintained according to the manufacturer' s instructions. NOTE: During the burning of any of fuels, Carbon Monoxide ( CO ) gas may be created due to incomplete combustion from propulsion systems, cabin heater or stove 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 drawn into the cabin through ventilation systems. This is especially true of boats running air conditioning. Unlike smoke, CO is odorless and colorless and can't be detected by a human. CO is a silent menace and kills without warning, Regular testing of installed CO detectors in any occupied spaces below decks is highly recommended. Also, remember that CO alarms have a limited life span - five years according to most manufacturers. Check the manufacture date on the CO detectors on board and replace as recommended by the manufacturer. Yes.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 23 of 31

EPIRB:

ACR Satellite 406, Class 2, manually deployable-

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 24 of 31

SEA TRIAL RESULTS SEA TRIAL DETAILS Date & Time: Vessel operated from/to:

August 8, 2014. Gloucester harbor.

SEA TRIAL DOCKSIDE OBSERVATIONS Engine alarms: Cranking: Exhaust smoke: Cooling water: Instruments: Shaft Creep: Stuffing Box/Log: Rudder packing glands:

Both engine alarms were fully functional with ignition key on before starting engines. The engine(s) started without excessive cranking. The engine(s) exhaust smoke was minimal at dock side. The cooling water exhaust appeared adequate and normal at dock side. The engine instruments all operated and within normal operating limits at idle. ( See "Engine Instrument Readings" below. ) There was NO noticeable shaft creep with engine(s) running and with gears in neutral. Shaft log drip appeared to be minimal. Monitor drip rate frequently to maintain within the normal limits of 6-10 drops per minute. Leaking. See corrections.

UNDERWAY TESTS / OBSERVATIONS Throttle levers: Instruments:

Transmissions: Vibrations: Exhaust smoke: Cooling water: Compass: Steering: Max Throttle: Other Observations:

The throttles operated normally/smoothly. The engine instruments all operated and within normal operating limits at various speeds and at maximum throttle during the sea trial. ( See "Engine Instrument Readings" below. ) The transmissions operated normally/smoothly. Some. The engine(s) exhaust smoke was minimal and appeared normal throughout the sea trial. The cooling water exhaust appeared adequate and normal during the sea trial. Temperature gauge also reflected an adequate amount of cooling water. Electric off course. See corrections. The steering system operated normally/smoothly from stop to stop in wide sweeping turns. Manufacturer' s recommended max RPM is 2100 - Engines reached 2150 RPM and a speed of 19 Knots at full throttle while under load. 900 RPM = 7.2 Knots 1500 = 11.3 1800 = 14 1900 = 15.6 2000 = 17 Knots 2150 = 19.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 25 of 31

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 the attending surveyor to represent unsafe operating conditions. Recommend these items be corrected before next use of vessel. SCOPE OF SURVEY & GENERAL INFORMATION VESSEL INFORMATION Hull ID number (HIN): SSI38012J696. The Hull Identification No (HIN) is in agreement with the vessel's documentation information found on-line. The actual HIN was NOT sighted on the vessel. Owner is advised to verify HIN is present or inscribe the HIN permanently into the transom on the upper starboard side for Hull Identification purposes and to comply with 33 CFR Sub Part C 181.23. U.S.C.G. OFFICIAL DOCUMENTATION Documented hailing port: Gloucester, MA. The vessel hailing port on the vessel does not match the official USCG documentation sighted. This is a violation of Federal Law. RECOMMENDATION: Correct either the boat or the document so the home port displayed on the transom is an agreement with the USCG documentation. This is required to comply with 46 CFR 67.45 and to avoid potential major fines. TANKAGE / PLUMBING HOLDING TANK(S) - BLACK WATER Marine Sanitation Device: Certification Type: MSD U.S.C.G. Type III. (Holding tank). Waste tank is connected to deck waste fitting for pump out. Waste tank is also connected to an operational overboard discharge system in addition to the waste holding tank and deck pump out. This is in violation of USCG regulations for the Great Lakes and all inland waters. An operational waste overboard discharge system is illegal in Inland waters and the Great Lakes and can result in major fines. RECOMMENDATION: The overboard discharge system must be disabled. USCG regulation 33CFR 159.7 requires securing the device by one of the following methods: 1) closing the seacock and removing the handle; 2) padlocking the seacock in the closed position; 3) using a non-releasable wire-tie to hold the seacock in the closed position; or 4) locking the door to the space enclosing the toilets with a padlock or door handle key lock.

SAFETY EQUIPMENT U.S.C.G. REQUIRED Navigation lights: All Navigation running lights were tested and found fully operational unless otherwise stated. The port (red) light is not operational, RECOMMENDATION: Further investigate and repair noted Nav lights as necessary to comply with 33 USC 2020/Colregs 20 if plan to use vessel between dusk and dawn or before using vessel in limited light conditions.

PRIORITY II - MAINTENANCE & STANDARDS RELATED RECOMMENDATIONS: Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 26 of 31

(NOT NORMALLY MANDATORY) These are important maintenance items sighted which in this firm's opinion should be performed. They may also include recommendations to conform to current ABYC and NFPA-302 voluntary standards which may not have been in effect or may not have been adhered to by the builder when the vessel was constructed. Some of these, if not addressed, could lead to a Priority I safety issue and/or may result in a reduced vessel market value. EXTERIOR HULL & BOTTOM INSPECTION HULL BOTTOM Strainers/Scoops/Screens: Starboard scoop is damaged. Replace. Grounding plate(s): Well secured. Wires not connected. PROPELLER(S)/SHAFT(S) / STRUT(S) Prop(s) description: Four blade bronze LH 30" diameter. Pitch or manufacturer could not be determined due to excessive prop surface corrosion which appears to be caused by stray current corrosion. The prop blades are rough and have thinned out at the outer edges. The prop key is severely pitted from the corrosion and need to be replaced. The propeller will likely require replacement. RUDDER(S) Rudder type: Stainless steel, Skeg hung. The lower bearing is worn allowing excessive shaft movement. The upper collar is loose allowing the upper seal to leak. The rudder shows some signs of stray current corrosion but appears to remain serviceable. RECOMMENDATION: Have rudder and rudder shaft fully inspected to be sure there is no hidden damage and correct as necessary. Moisture/Delamination: ANODES Replacement required?: All anodes are deteriorated. RECOMMENDATION: Replace all anodes. TOP DECK & SUPERSTRUCTURE COCKPIT Top/superstructure: FRP hard top that is well secured. Elevated moisture readings were found around both sides of the hardtop near the grab rails. Approximately 1/3 of the port side has elevated readings. Consult fiberglass repair technicians for repair estimates. INTERIOR HULL & STRUCTURAL INSPECTION HULL INTERIOR & STRUCTURAL COMPONENTS Bulkheads: Athwart ships reinforcement enhanced by structural bulkheads bonded to the hull with FRP (fiber reinforced plastic). All tabbing appears serviceable and sound with no cracks or separation of tabbing sighted in any compartments. The port side helm station bulkhead has significant water damage causing delamination of the plywood in the upper & mid corner. Cut out damaged sections and replace as needed. HELM & NAVIGATION ELECTRONICS NAVIGATION ELECTRONICS Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 27 of 31

Compass(es): 4" Ritchie Powerdamp (outside) Compass fluid has leaked out. RECOMMENDATION: Repair or replace compass to restore full functionality. Azimuth 1000 digital compass mounted inside. Not reading accurately. Repair or replace. Autopilot(s): Robertson AP 35 The autopilot did not power up. RECOMMENDATION: Repair or replace as required. CABIN INTERIOR APPOINTMENTS HEAD(S) Toilet(s): Galley Maid Head electric flush does not power up. RECOMMENDATION: Repair electric flush to make operational. ELECTRICAL SYSTEMS INVERTER/CONVERTER Warning labels: No warning label stating shock hazard. RECOMMENDATION: Post a warning label stating "Electrical shock hazard. Vessel is equipped with a DC to AC power inverter. Disconnect inverter DC input before servicing vessel's electrical systems in the utility room with the main electrical panel". STEERING SYSTEM STEERING SYSTEM Lines and fittings: Heavy rust on oil lines. Replace as needed. No leaks sighted.

OTHER OBSERVATIONS: These are other less significant maintenance items or observations that if not addressed, could lead to more important priority issues and/or could lead to a reduced vessel market value. The cost of addressing these recommendations is generally minimal. TOP DECK & SUPERSTRUCTURE MAIN DECK & FITTINGS Moisture/Delamination: Most of the top deck had normal relatively Dry moisture meter readings. Higher than normal moisture readings found in deck surface as follows: Port & starboard raised side decks aft along the cockpit. The port side deck along the cabin side, the wheelhouse port side, the trunk cabin port side and near the gelcoat cracks on the starboard trunk cabin. Cabin house window(s): Fixed side windows. Some clouding indicate seal leaks. Some loose gaskets. Recondition as needed. CABIN INTERIOR APPOINTMENTS MAIN SALON Sole: Plywood. Deck is soft. Replace. PROPULSION SYSTEM MAIN ENGINE(S) Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 28 of 31

Drip pad(s) : No Pads in place beneath engine(s). Fluids and debris fall into bilge area. ----- Consider installing drip pads beneath engine(s) to catch fluid drippings and rapidly identify leaks of any kind. Insulation: Some in wheelhouse deck, needed in the forward engine room bulkhea/cabin steps. TANKAGE / PLUMBING FUEL TANK(S) Fill line(s) located: On tanks, Fuel fill caps are not marked for type of fuel. ------ ABYC recommends in part that deck plates or fill caps carry a permanent identification of the fuel type. Recommend compliance.

HOLDING TANK(S) - BLACK WATER Inspection/cleaning access: Very limited-Since the holding tank and system fittings were not readily visible, owner is advised to remove or install any access panels to inspect holding tank, vent and waste lines and ensure they are serviceable. SAFETY EQUIPMENT AUXILIARY SAFETY EQUIPMENT Smoke detector(s): None sighted. ------ Since 2004, NFPA 302-12.3 has recommended RV tested or more recently marine tested Smoke Detection devices for all vessels 26 ft (8m) or more in length with accommodation spaces intended for sleeping and is installed and maintained according to the manufacturer' s instructions.

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 29 of 31

CONDITION & VALUE REPORT SUMMARY

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

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 or equipment as necessary. The fair market value is for the vessel in it's current condition prior to any repairs or maintenance. Estimated replacement cost was determined using information obtained from BUC, ABOS or local dealer prices using the same or similar make and model with similar equipment options. •

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

• ESTIMATED FAIR MARKET VALUE........$ 125,000.00 • No published guide prices are available for this vessel. Similar vessels found on line for sale include a 1998 36' Northern Bay for $155,000. in CT & a 1996 Northern Bay 36' in MI for $180,000.00 •

ESTIMATED REPLACEMENT COST.........$ 350,000.00

•

INTENDED USE OF VESSEL.......................Commercial use

•

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

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

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 30 of 31

CONDITION & VALUE REPORT SUMMARY CLOSING STATEMENT & SIGNATURE:

This report is submitted in confidence for the exclusive use of Massachusetts Division of Marine Fisheries - Bill Hoffman, without prejudice to the rights and/or interests of other concerned parties and may not be used for any other purpose or relied upon by any other person. This report does not represent a complete inventory of the vessel nor is it meant to be. This report is based on over thirty years experience in the marine service industry and as a member of the American Boat and Yacht Council and as a member of the Society of Accredited Marine Surveyors as an AMS-E,Y,SC. The enclosed are my considered opinions, given without prejudice. I cannot be responsible for any error, omissions, or mistakes in my judgment and acceptance of this report constitutes acceptance of this condition.

ATTENDING SURVEYOR:

Surveyed for: Massachusetts Marine Fisheries - 1996 (hull) South Shore Boat Northport, ME finished in 1998 by Marine Systems Custom Boats So. West Harbor, ME Report file #: Comm. of Massachusetts Marine Fisheries 98 South Shore 38. Surveyed by: Gallagher Marine Surveyors, Beverly MA Page no: 31 of 31