Surveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 1 of 17REPORT OF MARINE SURVEYVALUATION APPRAISAL INSPECTION" Gazelle"1980 Soverel 30 3/4PREPARED EXCLUSIVELY FOR:Paul Kribs14713 Ladue Bluffs CrossingChesterfield MO 63017CONDUCTED BY:Captain Trip Vawter,MMSAI, IIMS, ABYC, AAMS, USCG, ACMS, USSA, ARMSon09-02-15Surveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 2 of 17SURVEY REPORT TABLE OF CONTENTSMajor Systems Surveyed Page No.SURVEY SCOPE & GENERAL INFORMATION 5EXTERIOR HULL & BOTTOM INSPECTION 7TOP DECK & SUPERSTRUCTURE 8INTERIOR HULL & STRUCTURAL INSPECTION 8STANDING RIGGING 9RUNNING RIGGING 10SAILS INVENTORY 10HELM & NAVIGATION ELECTRONICS 10CABIN INTERIOR APPOINTMENTS 11ELECTRICAL SYSTEMS 11PROPULSION SYSTEM 12STEERING SYSTEM 13THE FOLLOWING SUMMARY PAGES ARE AN INTEGRAL PART OF THIS SURVEY REPORT ANDIMMEDIATELY FOLLOW THE ABOVE DETAIL INFORMATION.· RECOMMENDATIONS SUMMARYCONDITION & VALUE SUMMARY & SIGNATURE PAGESurveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 3 of 17INTRODUCTIONREPORT INTRODUCTION COMMENTS:Captain Trip VawterOwner/Master Marine Surveyor/Accident and Fraud InvestigatorMMSAI, ABYC, USCG, USSA, ACMS, AAMS,MIIMS, NFP, ARMSClient Confidentiality is our highest priority. All client information, inquiries, and the survey reports willbe kept strictly confidential. Any information relayed to other parties will be at the request ofthe client. All Florida Marine Survey is an independent company and is not influenced or affiliated withany insurance agencies, boat dealerships, or boat brokers. All Florida Marine Survey works for YOU!"Complaints pertaining to the survey report must be emailed in writing within 7 days of delivery of your surveyreport if you are seeking a refund. A Refund Request Form will be emailed back to you and must be signed, dated,and returned for a refund to be issued. A refund renders your survey report null and void and the report cannot beused to obtain financing or insurance. Refunds are not issued after 7 days of the delivery of your survey.EXPERIENCE & QUALIFICATIONSOwner/Operator of All Florida Marine SurveyAccredited Master Marine Surveyor (MMSAI)Member of the Association of Certified Marine Surveyors (ACMS)Member of the US Surveyors Association (USSA)Member of the International Institute of Marine Surveying (MIIMS)UKMember of the American Boat and Yacht Council (ABYC)Member of the National Fire Protection Association (NFPA)Member of the American Registry of Marine Surveyors (ARMS)US Coast Guard Licensed Captain (USCG)US Coast Guard 100 Ton MasterCertified Level I ThermographerPerform Surveys based on ABS, USCG, NFPA, and ABYC standardsVessel Inspector and Appraiser for Pleasure Yachts, Small Commercial, Sailboats,Power Vessels, Cargo Ships, Military Vessels, Tugs, and BargesTonnage SurveyorCargo Hold SurveyorCommercial Vessel Regulations InspectorAccident and Fraud InvestigatorExpert Witness in Maritime insurance and legal claimsPerform pre-transport surveys and coordination of vessel preparations for boat transportSurveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 4 of 17Regarding hurricanes: Pre-storm surveys and captaining for hire vessels to “safe harbors”EDUCATIONNavtech Fort Myers, FLo US Surveyors: USCG Title 46 Fishing Vessel Inspection Certificationo Recreational/Small Commercialo Accident and Fraud Investigationo Corrosion Control & Pollutiono Control, Specialized Commercial Inspectiono Material Quality Specialist Courseo Field and lab Testing of construction materialsChapman School of Seamanship Stuart, FLo USCG Licensed Master 100 Tono BST - Basic Safety Trainingo Bridge Resource Managemento Able Seamano Marine Radio Operators Permito Celestial Navigationo Sport Fishing Training Programo Advanced NavigationMemphis State University Memphis, TNBachelors of Business AdministrationOther Licensed Insurance AgentMARINE SURVEY TERMS & CONDITIONSThe following terms, limitations, and conditions apply.All findings, details, and particulars discovered during the survey will be reported. Due diligence, reasonable care, and caution will beexercised during the survey. The survey will be represented and reported in good faith and without prejudice after the entirety of the survey.The survey is a report of the condition of the vessel at the time of the survey. Be aware after the survey is performed, the vessel is in the handsof other people and the vessel can be changed or harmed. All Florida Marine Survey is not responsible for reporting the condition of thevessel after the time of the appointment.In no event shall the legal liability of this surveyor or corporation exceed the cost of the fees paid for the survey regardless of any claims,whether under egregious circumstances, contract, or a matter of torte. Furthermore, you agree to pay all legal fees resulting in non payment forsurvey fees and agree to the jurisdiction as set by this corporation. Errors and omissions are limited to the terms of this contact and limited tothe monetary value paid for the survey less any reasonable expenses put forth by the surveyor. Any and all disputes arising from this contractshall be litigated in Saint Lucie County , Florida.Acceptance of the survey report and /or paying for the survey constitutes acceptance of this agreement In lieu of a returned signed contract.All recommendations, judgments, theories of circumstances, and conclusions are based upon my experience and an expression of opinion, notmaterial fact.Under no condition is the survey report an implied or used as a guarantee of condition, value, or cost of repairs.The survey will remain the sole property of the payer/you and will not be issued to an outside party without your expressed consent.This Corporation shall have no liability for consequential damages, no liability for personal damages, no liability for property loss, or punitivedamages. All of which are knowingly and voluntarily waived by acceptance of and payment for surveySurveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 5 of 17SURVEY SCOPE & GENERAL INFORMATIONSCOPE OF SURVEYReport file no: 1000841Inspection date(s): 09-02-15Date of written report: 9/06/2015Conducted by: Captain Trip Vawter,AAMS,ACMS,IIMS,MMSAI,ARMS,ABYCRequested by: This survey was performed at the request of the owner, Paul Kribs, who was notpresent at the time of the survey.Purpose of survey: Assess the general condition and value of vessel.Intended use: Pleasure, seaboard coastal cruising.Vessel surveyed at: Marina Jack, Sarasota FLWeather conditions: Clear & dry Temperature was 91FHow survey conducted: The vessel was surveyed in the water only while resting in it's assigned slipSea trail: A sea trial was held prior to this survey ,The attending surveyor was not inattendance. No sea trial results are available.Electrical systems checked: DC power was used to check DC electrical systems.Moisture checks: The Tramex Skipper Plus moisture meter was used for moisture readingsreferenced in this report. All moisture readings are comparative to surroundingareas with terms of normal or relatively dry, relatively moist or relatively wet. Ifdelamination is present with above normal moisture readings further testing isadvised.Sailboat rigging: All standing rigging was installed and checked only at eye level and below unlessotherwise specified.VESSEL CONDITION & VALUECondition rating: ABOVE AVERAGE CONDITIONEstimated fair marketvalue:$19,990.00Estimated replacementcost:$152,000.00NOTE: 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:Paul KribsStreet address:14713 Ladue Bluffs CrossingCity/State/Zip:Chesterfield MO 63017Business phone:VESSEL INFORMATIONVessel Yr/Make/Model: 1980 Soverel 30 3/4Surveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 6 of 17Vessel name: GazelleHull ID number (HIN): - A true digitalphotograph of the hull IDnumber of the referencedvessel is shown here.State registration no.: FL 6738GG Florida, State registration is expired. 6-15 State registration will needto be renewed before vessel can legally be used on the open waters.Manufacturer/Builder: SOVEREL MARINE INC, N PALM BEACH, FL (MIC: SVM)VESSEL SPECIFICATIONSType:Fiberglass KeelLength overall (L.O.A.):29'11"Beam:11'Draft:5'4"Displacement:7000lbsSURVEY STANDARDSStandards followed: This survey was completed using as reference the federal regulations andamendments 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 consideredserviceable 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.Surveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 7 of 17· "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-SIDESConstruction material: Hand laid and molded fiberglassHull cosmetics: Hull needs a thorough cleaning and polishing. Afew minor dings/dock rash noted. This is normalfor a vessel of this age.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.Stem: Solid, no cracks on external inspection. Moisture readings relatively Dry.Side thru hull fittings: All thru hull fittings are adequately secured and sealed to hull.Rub rail: Rub rail is not installed. Owner advised to be very careful while docking this vesselas there is no protection for the side of the hull/ gel coat via a rub rail.TRANSOMTransom type: Conventional transomMoisture/Delamination: All moisture meter readings on transom and surrounding thru hull fittings wererelatively dry with normal comparative moisture meter readings.Stress cracks: None sighted.Transom thru hull fittings: All well secured and functional.Swim/Boarding ladder: The ladder is well secured and functional.HULL DIAGRAMPROPELLER(S)/SHAFT(S) / STRUT(S)Cutlass (shaft) bearing(s): Good condition. No play found in cutlass bearingSurveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 8 of 17TOP DECK & SUPERSTRUCTUREMAIN DECK & FITTINGSDeck Surface: White gel coat with molded in non skid fiberglass surface. Good condition. Deckis solid under foot, no soft spots discovered and no visible cracks or chips sighted.Top deck in need of thorough cleaning and polishing.Moisture/Delamination: Moisture meter readings were all relatively Dry based on random test on top andside decks.Bow pulpit/rail: Stainless steel Well secured.Stanchions/side rail(s): Stainless steel well securedLifeline(s): Double lines vinyl covered in good condition.Toe rail(s): Molded in, no cracks or separation sighted.Cleats & fairleads: Horn cleats are all well secured to deck and side deck and are functional.Deck hatches: Yes, well secured, seals in good conditionCabin (house) to deckjoint:Molded in -- no stress cracks noted.Exterior teak: Although, remains serviceable, teak will needcleaning and protection in the near future.Cabin house window(s): Some glazing of plastic windows but otherwise serviceable.COCKPITCockpit & Helm seating bench seat next to the helm seat.Sole: FRP (fiber reinforced plastic) with molded in non skidMoisture/Delamination: All moisture meter readings on sole were relatively dry with normal comparativemoisture meter readings.Scuppers/deck drain(s): Yes. Drains are clear, hoses secure.Cabin entrance: Plastic hatch boards for companionway entrance with lock.INTERIOR HULL & STRUCTURAL INSPECTIONHULL INTERIOR & STRUCTURAL COMPONENTSHull to deck joint: Overlap (Shoe box type) Deck joint was covered with FRP (Fiber reinforcedplastic), no cracks sighted where it could be sighted. No leaks sighted thru any partof hull to deck joint area sighted.Surveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 9 of 17Bilge(s): Engine bilge spaces are oily and in need ofcleaning ----- Keep bilge areas as clean as possibleto more quickly identify leaks as soon as theyoccur. Clean as required.Keel bolts: Visually sound, no corrosion sighted, no loose bolts. Hammer test does not appearto indicate internal keel bolt corrosion.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 soundwith no cracks or separation of tabbing sighted in any compartments. No visualevidence of movement sighted in any bulkhead.Stem: Solid stem, no cracks or separation sighted inside.Inside of transom: Reinforced. Secure-no cracks or separation sighted.STANDING RIGGINGMAST(S) & BOOM(S)Main mast(s): Factory anodized extruded aluminumMast track(s): Spinnaker pole track on face of mast. Well secured and appears functional.Main spreaders: Double Aluminum blade type.Boom(s): Extruded aluminum in good conditionSTAYS & SHROUDSMaterial & Condition: Stainless steel wire Stainless steel rod.Ends: Secure and no split or corroded ends/wires.Turnbuckles: No cracks or corrosion sighted on turnbuckles.Chainplates: Chain plates well secured to deck, side hull and or bulkheads for portions that wereSurveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 10 of 17visible..RUNNING RIGGINGHALYARDS / SHEETSAll halyards: All halyards sighted are colored yacht braid and in good condition.Main sheeting: Main sheet is in excellent condition and appears in fairly new condition.Head sail(s) sheets: Head sail sheet is in excellent condition and appears in fairly new condition.WINCHESCOCKPIT: Winches were sighted on both sides of thecockpit:Type / Condition: Lewmar Winches spin free, appear to be adequately lubed /serviced.OTHER SAIL HANDLINGRunning lines: All running rigging lines lead back to cockpit area. Fully functional.SAILS INVENTORYMAINSAIL(S)Sail locations: Rolled-stored inside-No bag sighted. Unable to completely roll out sail.Condition summary: Sail appears to be new.HELM & NAVIGATION ELECTRONICSNAVIGATION ELECTRONICSCompass(es): Mounted at main helm. Compass has very cloudydome making compass card difficult to read. -----Repair or replace as deemed necessary.Depth sounder(s): Navman Powers up OKSpeed instrument(s): Navman Powers up OKWind : Navman Powers up OKSurveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 11 of 17ENGINE INSTRUMENTS AND CONTROLSThrottle and shift controls: Single lever for throttle/shift controlsEngine alarm/Shutdown: Alarm tested and found functional.Engine status: All engine instruments are OEM. (Original Equipment Manufacturer)CABIN INTERIOR APPOINTMENTSMAIN SALONStyle: Traditional layout with forward teak bulkheadCabin steps: Teak and holly cabin entrance stepsSole: Teak & holly cabin sole installed and is in good condition.Bulkheads/Trim: Teak bulkheads with teak trim panelsGrab rails: Teak grab rails are secure.Engine access: Inside cabin-Lift companionway steps to access front of engine.Framing Trim: Teak trim around all doors and counter tops.Water intrusion signs: No evidence sighted.Seat cushions: Several cushions are soiled, in need of cleaning. ------ Clean cushions to restore tooriginal condition.Navigation station: Table with storage under top.Overall interior condition: Interior is in good condition for its age. Teak has recently been refinishedGALLEYLocation: Starboard sideStove: Kenyon two burner LPGSink(s): Single stainless steel deep wellDINETTETable type: Teak Drop leaf tableSeating: Two side bench seatingBERTHS / STATEROOMSBerths: FourHEAD(S)Number/Location: One head on Port sideToilet(s): Manual flush pump Appeared functional when tested. No leaks sighted.Sink: CeramicELECTRICAL SYSTEMSD.C. ELECTRICAL SYSTEMSD.C. Voltage system: 12 Volt system.Primary batteries: GoodBattery selector switch: RotarySurveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 12 of 17Charging system: Engine mounted alternator plus the batterycharger is a Guest ChargePro Charger powers upand was functional.Breaker(s)/fuse(s): All D.C. circuits are adequately protected by branch or switched breakers.D.C. wiring: All wiring runs are properly secured every 18" per ABYC E-11 recommendations.Ring spade or crimp on connectors sighted for wiring connections per ABYCrecommendations.DC Electrical ground: DC electrical system is properly tied into vessels electrical ground system using theengine as a common ground.Other notes: Voltage reading was 12.7 volts for all batteries. Note: For 12 volt systems, a fullycharged battery reads 12.7 Volts, 75% charged battery reads 12.4 Volts, 50%charged battery reads 12.2 Volts, 25% charged battery reads 12.0 Volts and adischarged battery reads 11.9 Volts or less. Check battery condition frequently.A.C. ELECTRICAL SYSTEMSShore power breaker:PROPULSION SYSTEMINBOARD ENGINENo./Type/Cylinders: Inboard Diesel Naturally aspiratedMake / Model: UniversalSerial no(s): Not sightedHoses and clamps: Some hoses crackle when squeezed -- replace as required.Belts and pulleys: Belts condition are serviceable. No cracks or splits sighted. Pulleys/belts appear tobe in line.Oil level and condition: NOTE: Always change engine oil at end of each boating season before winterstorage.Fuel supply lines: USCG A1 flexFuel pump to carb hose: USCG flex fuel line.Engine mounts and beds: Engine mounts appear to be well secured to the support stringers.Last major overhaul: UnknownEngine(s) operated: YesOther notes: · It is good practice when buying a used vessel that all fluids (Engine andTransmission) be changed and the raw water cooling impeller(s) also bechanged.EXHAUST SYSTEMDischarge location(s): TransomPiping/Clamps: Flex hose- No cracks sighted. Securely double clamped as required.Exhaust manifold: No cracks or water tracks sighted. Appears to be in good condition as sighted.Anti Siphon Valve: Appears functional. Check and clean at least annually to ensure proper operation.Surveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 13 of 17STEERING SYSTEMSTEERING SYSTEMType: Tiller steering- direct connect to rudder post. Serviceable.Lines and fittings: No leaks sighted.Surveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 14 of 17INSPECTION RECOMMENDATIONS SUMMARYPRIORITY 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.PROPULSION SYSTEMINBOARD ENGINEHoses and clamps:Some hoses crackle when squeezed -- replace as required.SAFETY EQUIPMENTU.S.C.G. REQUIREDVisual Distress Signals:None sighted on board. RECOMMENDATION: Provide visual distress signals to comply with USCGregulations 33 CFR 175.110 for visual distress signals prior to using vessel. You must have at least threeaerial or three red hand held signals that are current.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.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.SURVEY SCOPE & GENERAL INFORMATIONVESSEL INFORMATIONState registration no.:FL 6738GG Florida, State registration is expired. 6-15 State registration will need to be renewed beforevessel can legally be used on the open waters.EXTERIOR HULL & BOTTOM INSPECTIONHULL EXTERIOR-SIDESHull cosmetics:Hull needs a thorough cleaning and polishing. A few minor dings/dock rash noted. This is normal for avessel of this age.TOP DECK & SUPERSTRUCTURESurveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 15 of 17MAIN DECK & FITTINGSDeck Surface:White gel coat with molded in non skid fiberglass surface. Good condition. Deck is solid under foot, nosoft spots discovered and no visible cracks or chips sighted. Top deck in need of thorough cleaning andpolishing.INTERIOR HULL & STRUCTURAL INSPECTIONHULL INTERIOR & STRUCTURAL COMPONENTSBilge(s):Engine bilge spaces are oily and in need of cleaning ----- Keep bilge areas as clean as possible to morequickly identify leaks as soon as they occur. Clean as required.HELM & NAVIGATION ELECTRONICSNAVIGATION ELECTRONICSCompass(es):Mounted at main helm. Compass has very cloudy dome making compass card difficult to read. ----- Repairor replace as deemed necessary.CABIN INTERIOR APPOINTMENTSMAIN SALONSeat cushions:Several cushions are soiled, in need of cleaning. ------ Clean cushions to restore to original condition.Overall interior condition:Interior is in good condition for its age. Teak has recently been refinishedSurveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 16 of 17CONDITION & VALUE REPORT SUMMARYDECLARATION: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........$19,990.00· ESTIMATED REPLACEMENT COST.........$152,000.00· INTENDED USE OF VESSEL.......................Pleasure, seaboard 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.Surveyed for: Paul Kribs - 1980 Soverel 30 3/4 Report file #: 1000841Surveyed by: All Florida Marine Survey, Port Saint Lucie FL Page no: 17 of 17CONDITION & VALUE REPORT SUMMARYCLOSING STATEMENT & SIGNATURE:This report is submitted in confidence for the exclusive use of Paul Kribs without prejudice to the rights and/orinterests of other concerned parties and may not be used for any other purpose or relied upon by any other person.ATTENDING SURVEYOR:Captain Trip Vawter, Master Marine SurveyorMMSAI, IIMS, AAMS, ACMS, ARMS, ABYC, USSA, USCG